An estate account needs its own tax ID#.
You can not intermingle estate proceeds or interest on proceeds or tax liabilities of the estate with the personal finances of the administrator.
Yes, opening an estate account for the purpose of only writing a couple of checks is a royal pain in the neck, but, this is what the law requires.
This answer is provided for informational purposes only. Actual legal advice can only be provided in an office consultation by an attorney licensed in your jurisdiction, with experience in the area of law in which your concern lies.
It is very easy to obtain the tax id number you need. The law requires that the funds from the estate be kept apart from other funds so that if an accounting is ever required the documents will confirm that the estate was handled properly.
You must get a taxpayer ID number for the estate. You cannot commingle estate and personal funds.
If this is a Massachusetts estate, the threshold for filing a Massachusetts Form 2 return is $100 in actual income. Filing income tax returns starts the clock ticking on any statute of limitations for failure to file or pay taxes owed.
Circular 230 Disclosure: Pursuant to recently-enacted U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including attachments and enclosures, is not intended or written to be used, and may not be used, for the purpose of (i) avoiding tax-related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax-related matters addressed herein.