K-1 from final estate return 1041

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • JON
    Senior Member
    • Jul 2005
    • 1265
    #1

    K-1 from final estate return 1041

    shows excess deductions. Is this subject to the 2% on the individual's return???
    Tags: None
    • dsi
      Senior Member
      • Dec 2005
      • 705
      #2
      Most likely yes.
      Dave, EA

        Comment

        • JON
          Senior Member
          • Jul 2005
          • 1265
          #3
          I do not

          get these very often. Was there a change or am I dreaming?????

            Comment

            • snowshine
              Senior Member
              • Feb 2009
              • 122
              #4
              Excess deductions from 1041 are subject to the 2%. Perhaps you were thinking estate tax on IRD for the non-2%?

                Comment

                Previous template Next

                Disclaimer

                Collapse

                This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

                Working...