Question
How do I deduct the administration expenses of my father's estate?
Answer

You can deduct the expenses incurred by an estate for its administration either as an expense against the estate tax or the annual income tax against the estate.

In general, administration expenses deductible in figuring the estate tax include:

  • Fees paid to the fiduciary for administering the estate;
  • Attorney, accountant, and return preparer fees;
  • Expenses incurred for the management, conservation, or maintenance of property;
  • Expenses in connection with the determination, collection, or refund of the estate's tax liability.
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