Ian Bryzek, CPA
Sole proprietor bank accounts after death
Sole-prop business accounts often sit in the owner's personal name and need careful separation.
Export statements, uncleared checks, and merchant deposits around the date of death. Distinguish business activity from personal spending on the same account.
Clean ledgers make final Schedule C and estate records possible.
What to keep with the file
Clean ledgers make final Schedule C and estate records possible.
What to do next
Build a business-versus-personal transaction split for the months around death.
What to gather
- Business and mixed-use bank statements
- Merchant processor reports
- Check register or bill-pay history
- List of automatic drafts
- Notes separating personal versus business charges
Who usually handles what
- Ian can organize the tax reporting question and the supporting records.
- The executor, trustee, or account custodian supplies records and confirms who has authority to act.
A practical next step
Build a business-versus-personal transaction split for the months around death.
Related guides
This is general tax information, not tax or legal advice. Outcomes depend on the documents, ownership, timing, and law that apply to the particular facts.