- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Thanks for your response, tagteam.
I live in a state that imposes an "Estate Transfer Tax," which is separate from and in addition to the state income tax on the trust income. In order to pay that estate transfer tax, I sold stock that was in the trust. So, I was thinking the commissions and fees might be considered an administrative expense since the only reason the stock was sold was to pay the tax on the estate.
Appreciate your feedback.
‎September 5, 2024
10:06 AM