IRS Form 8971 Consultancy Needed

Job ID: 37832663

Budget: $30 – $250 USD

Key aspect of this job is: Good understanding of USA IRS Form 8971 and when it needs to be filed with IRS and with heirs of an estate. These are the questions we have.
1. Does Executor of the estate need to file IRS Form 8971 with the IRS in USA, for our situation?
2. Does Executor need to send IRS Form 8971 copies to the heirs?
3. When does Executor send Form 8971 to IRS and heirs?
More details on our situation will be provided.
Related categories: Accounting Tax Law