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kingsland
January 23, 2023
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Form 1041 (Estate) Final Year Deductions

  • January 23, 2023
  • 1 reply
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Hello, wondering what the major deductions would be on Form 1041 (estate) Line 11D on the sale of inherited home ?  Thanks for any help in advance.

    Best answer by Anonymous_
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    Anonymous_Answer
    Employee
    January 23, 2023
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      kingslandAuthor
      January 23, 2023

      I was issued a K-1 with a D code.  I followed your link to "Fees and Closing Costs" and the very last item on the list is commissions.  I think that's the only item that could explain the D code deduction.  Much thanks to you.

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