The fiduciary of a domestic decedent's estate, trust, or bankruptcy estate files Form 1041 to report:
- The income, deductions, gains, losses, etc. of the estate or trust.
- The income that is either accumulated or held for future distribution or distributed currently to the beneficiaries.
- Any income tax liability of the estate or trust.
- Employment taxes on wages paid to household employees.
Reporting Related to IRC Section 965 on 2017 Returns -- 08-MAR-2018
Other Items You May Find Useful
About Publication 15 (Circular E), Employer's Tax Guide
About Publication 51 (Circular A), Agricultural Employer's Tax Guide
About Publication 505, Tax Withholding and Estimated Tax
About Publication 559, Survivors, Executors, and Administrators