topic My father (deceased) estate account generated a whole $18 in interest in 2016, do I need to file a 1041 for this account, it meets the other exclusions...? in Get your taxes done using TurboTax

My father (deceased) estate account generated a whole $18 in interest in 2016, do I need to file a 1041 for this account, it meets the other exclusions...?

dharkin1 — Thu, 06 Jun 2019 09:36:17 GMT

the trust is under his SSN, we are converting it to an EIN, but not sure if I need to file a 1041 return on the estate?

KatherineC — Thu, 06 Jun 2019 09:36:18 GMT

No, you do not have to file a return if that is the only income of your father’s estate.

To be required to file for 2016:

The estate would have to have gross income of $600 or more.

A beneficiary who is a non-resident alien.

Please take a look at the information below:

CailaL — Thu, 06 Jun 2019 09:36:20 GMT