Yes, but only the expenses for administering the estate that would not have been incurred if the property were not held in the estate or trust.
See http://www.irs.gov/instructions/i1041/ch02.html#d0e3734
In other words, expenses of the estate that are incurred commonly or customarily by individuals, would be subject to the 2% floor and reported on Line 15c.
See http://www.nysscpa.org/taxstringer/2014/sept/matz.htm
One example of the foregoing involves appraisal fees. If the estate incurs appraisal fees in order to determine the fair market value of assets as of the decedent’s date of death, that would be an expense that would not be incurred commonly or customarily by an individual. Accordingly, the fee would not be subject to the 2% floor and would be reported on Line 15a. On the other hand, the cost of appraisals for other purposes, such as for insurance, would commonly or customarily be incurred by individuals and, thus, subject to the 2% floor and reported on Line 15c.
Another example involves rental of safe deposit boxes. Rental fees for safe deposit boxes is an expense that is commonly or customarily incurred by individuals in order to safeguard valuable papers and/or property and would be subject to the 2% floor and reported on Line 15c.
You might want to read through this Internal Revenue Bulletin --> http://www.irs.gov/irb/2014-22_IRB/ar05.html
