Is a 1041 required? mother in law passed on 11/1/2020. She had one investment and a house which are the only item in her probate. Neither produced any income.
all other investments had named beneficiaries and are not part of probate
01303
1 Replies
Anonymous_
Level 15
Feb 18, 2021 3:11:20 PM
Estates are generally only required to file a 1041 if they have gross income for the tax year of $600 or more for the tax year.