sjrcpa
Level 15
08-08-2023
09:39 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If it was distributed by April 30, and you use that year end, the estate can get an income distribution deduction. Tax will be paid by the beneficiaries on their 2023 returns at presumably lower rates.
The more I know the more I don’t know.