An estate's income is reported on IRS Form

Name: An estate's income is reported on IRS Form
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

An estate's income is reported on IRS Form 1041, which is specifically designed for fiduciary entities like trusts and estates. Option A (706) is used for federal estate tax returns. Option B (1040) is for individual income tax returns. Option D (1099) is used to report income received by an individual or entity other than their employer.

An Estate's Income Is Reported on IRS Form