Announcement

Collapse
No announcement yet.

Estate Personal Rep. expenses

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Estate Personal Rep. expenses

    Can a personal representative of a deceased estate take the standard mileage business rate deduction for automobile miles traveled involving the adminstration the estate?

    #2
    Originally posted by Chris L View Post
    Can a personal representative of a deceased estate take the standard mileage business rate deduction for automobile miles traveled involving the adminstration the estate?
    Such a deduction would property fall on the form 1041 and reflect the actual amount
    reimbursed by the estate to the administrator/executor during the tax year involved.

    But as far as a schedule a deduction? There would first have to be executor's fee
    on line 21 to allow for any deductions on schedule a.
    ChEAr$,
    Harlan Lunsford, EA n LA

    Comment

    Working...
    X