Level 11
03-20-2024
09:33 PM
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Is a 1041 being filed for the estate? Include the income with the estate return.
If no 1041 being filed I’d suggest whoever inherited the income include it on their 1040.you can explain in preparer notes or show it as nominee….. If there is ever a question you’d be able to demonstrate the tax has been paid.
If at first you don’t succeed…..find a workaround