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When are Executor Fees reported?
Should Executor fees be reported as other income on Form 1040 the year they were actually paid? It's time to file 2023 form 1040 but the Executor fees for a person who passed away in 2023 will not be paid until the middle of 2024. Should the fees then be included in 2024 income or 2023?
Thank you
Thank you
Topics:
March 10, 2024
1:22 PM