If in the tax year in which the income was received, that income is in fact not distributed, then it is the liability of the Estate to pay tax. That said, just be aware that Estate Income Tax rates are typically higher than Personal because the brackets leading to the maximum tax rate occur much faster at lower level of income for the Estate than would be for the comparable personal rate paid by the Beneficiaries.
If this posted response is useful to you, please click on the upraised hand in the lower left of this post. Thank you. Scruffy Curmudgeon--PFFM/ IAFF, retired FireFighter/Paramedic - Locals 718/30, Veteran USAR O3 AIS/ASA '65-'67
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USAR 64-67 AIS/ASA MOS 9301 - O3
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