How do I enter expenses related to handling the closure of the physical assets of an estate?

bradeckx — Tue, 10 Feb 2026 10:00:26 GMT

Re: How do I enter expenses related to handling the closure of the physical assets of an estate?

PatriciaV — Thu, 18 Jan 2024 14:58:11 GMT

Are you preparing the tax return for the estate? If so, estate expenses are reported in the Deductions section of TurboTax Business for an estate. If none of the specific categories seem appropriate, enter the costs under Other Deductions.

If these were closing costs involving the sale of estate assets, however, those costs would be part of the sale transaction. Sales of Assets are reported under the Income section of Federal Taxes, under the appropriate topic.

topic How do I enter expenses related to handling the closure of the physical assets of an estate? in Business & farm

How do I enter expenses related to handling the closure of the physical assets of an estate?

Re: How do I enter expenses related to handling the closure of the physical assets of an estate?