Where do I enter my executor fee in TurboTax?

Where do I enter the executor fee as income for 2018?

4068

1 Best answer

New Member

Jun 1, 2019 10:20:23 AM

Executor fees are entered in this way:

Income & Wages
Less common income
Miscellaneous income....start/update
Other reportable income
Any other taxable income...includes executor fees as one of the examples. Say yes here & you'll be able to enter the income on the next screen. Use a description such as "executor fee for Estate of John Smith " and the amount.

This amount will appear on line 6 of Form 1040 which comes from the Schedule 1 line 21.

New Member

Jun 1, 2019 10:20:23 AM

Executor fees are entered in this way:

Income & Wages
Less common income
Miscellaneous income....start/update
Other reportable income
Any other taxable income...includes executor fees as one of the examples. Say yes here & you'll be able to enter the income on the next screen. Use a description such as "executor fee for Estate of John Smith " and the amount.

This amount will appear on line 6 of Form 1040 which comes from the Schedule 1 line 21.