Can an estate still owe taxes after assets are distributed? | NC

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Q: Can an estate still owe taxes after assets have already been distributed to beneficiaries? A: Yes—an estate can still owe taxes even after some or most assets have been distributed. Taxes and required tax filings can be missed or show up later, like the decedent’s final income tax return, income tax on income the estate earned during administration, and sometimes property taxes on estate…