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Question on Estate 1041 Tax Return Funeral Expenses and Credit Card Debt

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    #1

    Question on Estate 1041 Tax Return Funeral Expenses and Credit Card Debt

    If the estate paid for funeral expenses and credit card debt for a decedent, can either of those be deducted on fForm 1041?
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    #2
    NO.
    Funeral expenses as well as debts accrued prior to death are only deducted on an Estate Tax Return - Form 706. Not on Form 1041
    Uncle Sam, CPA, EA. ARA, NTPI Fellow

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