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form 1041 tax deductions

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    form 1041 tax deductions

    I am doing a fiduciary tax return for a decedent. I know I can deduct their property tax, but can I deduct the state estate taxes? The instructions say you can deduct income taxes, but these are the state estate taxes, not the income taxes from the final return.

    #2
    I think only if it were attributable to IRD.
    JG

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      #3
      Originally posted by memik1 View Post
      I am doing a fiduciary tax return for a decedent. I know I can deduct their property tax, but can I deduct the state estate taxes? The instructions say you can deduct income taxes, but these are the state estate taxes, not the income taxes from the final return.
      State inheritance taxes are not deductible on the 1041 tax return.

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