Greta
Level 9
03-20-2022
09:41 PM
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I don't do many 1041s. The 1099R that went into an estate because no beneficiary was named had state taxes withheld of 35K. When I tried to use it as a deduction, the software reduced it to 10K. I assume (due to my ignorance) that the same 10K maximum for taxes applies to estate income tax returns?
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Level 15
03-20-2022
10:09 PM
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I believe trusts are subject to SALT limitations like individuals.
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