Thank you for the quick and clear response.
To see the effect, I removed the estimated payment amount for 2023 ($3600 which is also the refund amount) from the state and local tax deduction spread sheet... resulting in a federal refund reduced by $828. Is that correct way to see the 'income' from the refund?
There will be no other estate income for 2024.
So... I will need to (purchase Turbotax Business and State again next year... $$$) and file estate taxes again for 2024, to account for $828 of 2024 estate income? Am I understanding correctly?
Are there any legal/appropriate options (I can incorporate into this year's returns) to avoid that?
Even though I don't want to... would it be appropriate to somehow move that $828 of estate income to my personal return for 2024 (since it'll be the only income for the estate in 2024) to avoid the hassle? If so, how?
How would that $828 be accounted for/tracked, to count as income in 2024... so I don't mess up? Is it easily possible to track, as the effect was on Mom's last 1040 but would be somehow have to be captured on the Estate 1041?
Yikes!!
Thank you again!!
