turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

tmbarrett
New Member

trust pay the federal and state taxes instead of the beneficiary's

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

trust pay the federal and state taxes instead of the beneficiary's

You need to expand on your message and provide more details.

 

Are you using TurboTax Business to prepare a Form 1041 for a trust?

trust pay the federal and state taxes instead of the beneficiary's

@tagteam 

 

When a trust pays the state inheritance tax, can it deduct it in the 1041?

trust pay the federal and state taxes instead of the beneficiary's


@wlee1120 wrote:

When a trust pays the state inheritance tax, can it deduct it in the 1041?


No. See https://www.irs.gov/instructions/i1041#idm140366309694976

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies