Question
Form 1041 Estate
My husband passed away in 2020 and received a 1099-Misc of $13k for unused vacation pay. The funds were deposited in an estate account. I've reported $13K on line 8 "Other Income" and took $200 of Other deductions on line 15a. Line 21 I claimed the $600 exemption. I'm lost as to if
I now pay estate taxes on the $13k-$200-$600=$12,200
($1904 + 35% of amount over$9450) From the 2020 tax rate schedule for 1041.
The money has been distributed to me (spouse), so can I just claim the $12,200 on my 1040 tax return? If so, what do I put 1041 Schedule B and do I need to fill out a 1041 K-1
