- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
If you are amending Form 1041, you would prepare the return exactly as it was originally filed. In most cases, you would prepare Schedules K-1 for the beneficiaries, and they would pay any tax on the allocated net income. The 10% tax rate for an estate may not apply to the beneficiaries' returns.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 19, 2026
1:07 PM