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Get your taxes done using TurboTax
Report it as "other income" on Schedule 1 line 8z. Here's how to enter it in TurboTax.
- In the Search box in TurboTax type "executor fees" (without the quotes), then click the link that says "Jump to executor fees." I know that's not what the payment was for, but it's the best search term I could find that gets you to the right place.
- The first screen asks, "Any Other Taxable Income?" Click Yes.
- On the next screen, "Other Taxable Income," enter a short description such as "Stipend" and enter the amount. Click Continue.
- On the next screen click Done.
- You will get a couple more screens with unrelated questions. If they don't apply to you, just answer No and click Continue.
The income will be reported on Schedule 1 line 8z with the description that you entered.
‎April 16, 2023
3:58 PM
2,529 Views