No, you are not required to file Form 1041 until the trust has earned at least $600 taxable income. For more information see 'Who Must File' below.
Who Must File: 2023 Instructions for Form 1041
Decedent's Estate:
The fiduciary (or one of the joint fiduciaries) must file Form 1041 for a domestic estate that has:
1. Gross income for the tax year of $600 or more;
2. A beneficiary who is a nonresident alien; or
3. If you held a qualified investment in a qualified opportunity fund (QOF) at any time during the year, you must file your return with Form 8997 attached. See the Form 8997 instructions.
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