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jjgnynpa
New Member

What income is influenced on the 1041 of an estate

In income received by the decided  after the their final tax return is file but before the estate is set up included in the income of the estate?

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IreneS
Intuit Alumni

What income is influenced on the 1041 of an estate

Yes.  Income received after the date of death should be reported on the estate return (1041), even if the estate hadn't been set up yet.


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2 Replies
IreneS
Intuit Alumni

What income is influenced on the 1041 of an estate

Yes.  Income received after the date of death should be reported on the estate return (1041), even if the estate hadn't been set up yet.


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
jjgnynpa
New Member

What income is influenced on the 1041 of an estate

Thank you ,  I believed that was the answer but it is good to have it confirmed .
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