Edenborn, in 1909, named the town Sorrento after Sorrento, Italy where it is claimed he took his young bride for their honeymoon. The first postmaster of the town of Sorrento was Willie Everrett, followed by Joe Gravois in 1915 and Sidney Chauvin in 1925.
Annualization of Income: In order to annualize a taxpayer's income, you may use the income realized by the decedent, divided by the number of days or months the taxpayer lived and multiplied by 365 days or 12 months.
If you make the election, you can claim all or part of the expenses on the decedent's income tax return (if deductions are itemized) rather than on the federal estate tax return (Form 706). You can deduct expenses incurred in the year of death on the final income tax return.ou can claim the decedent's personal exemption on the final income tax return. If the decedent was another person's dependent (for example, a parent's), you cannot claim the personal exemption on the decedent's final return.