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Get your taxes done using TurboTax
@user17722233565 wrote:What about Form 1041 Schedule B line 10....
I have to apologize because I re-read your first post and noticed that you had a non-taxable settlement which begs the question as to whether there was any income or gain at all.
The point here is you don't have to bother filing a 1041 unless the estate had $600 or more in gross income for the tax year. If the settlement was all there was you could simply distribute it accordingly.
March 1, 2026
6:03 PM