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Just finished Preparing DRAFT Tax Returns (2014-2019 1040’s & 1041’s for deceased taxpayer (Mar 2020) individual & trustee. On the earlier 1040’s there are refunds past the refund statue expiration date. What would be the best way to apply the refund – either 1) request refund for the current year (ex. 2015) (expired and probably not applied) or apply to next year, and hope it gets rolled over and applied to 2016 and on ass needed?
Appreciate any suggestions.I believe that once the RSED has past, it’s immaterial as the refund not going to get applied or released.
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