Form 1041 - Are funds from a closed bank account taxable income?

[haru]

My late partner's closed checking/savings account was used to open his Estate checking account.

Is that considered "income in respect of a decedent" and therefore taxable income on his initial Form 1041?

Would it be included on Line 8 along with 1099-MISC and 1099-G (state tax refund from final return)?

Basically, it seems like any money that goes into an estate account is reportable. 

Sigh. All but his last paycheck has already been taxed, so if true, this really sucks.

Thanks for any guidance.

[LeonardS · Accepted solution]

No, your late partner's closed checking/savings account that was used to open his Estate checking account is not considered "income in respect of a decedent" and will not be included on Line 8 with 1099-MISC and 1099-G.

[haru · Accepted solution]

Thank you, enormously.

Whew.