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Get your taxes done using TurboTax
@KurtSSS wrote:The Less Common Income route would work, but it requires ignoring the 1099-MISC. I searched 'executor' and TT didn't show me that section.
For clarification, you can ignore the 1099-MISC because it does not get transmitted with your return when you e-file. Even if you paper file and attach the 1099-MISC, there is no place on the 1040 (or schedules) where that tax reporting statement appears as such. In sum, it is nothing more than a template in TurboTax for ease of entry for users.
Also, you type in "Executor's fee" so that it is perfectly clear as to from where the fee was derived.
‎April 15, 2023
12:46 PM