Rev. Rul. 55-262

Fiduciaries of estates and trusts are hereby granted an extension of time up to and including May 16, 1955, for filing nontaxable returns on Form 1041, U.S. Fiduciary Income Tax Return, for taxable years ending on December 31, 1954. This extension applies only if the return contains, or has attached to it, a statement that the beneficiaries or other distributees of the estate or trust were apprised on or before April 15, 1955, of their distributive shares of income of the estate or trust.

Date interest will commence to run on additional tax due to the change in law provided by section 7851(a)(1)(D). See Rev. Rul. 55-22, page 198.

/*/ Originally issued as IR News Release No. IR-111, dated April 13, 1955