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2021 4.2 Satisfied (51 Votes)
2020 4.3 Satisfied (51 Votes)
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Form 1041 (fiduciary tax return) is the income tax form used for estates and trusts. It is used to report INCOME in the estate or trust, including sales of property. The estate or trust exists until final distribution of its assets.
NRC Form 741 - Nuclear Materials Transaction Report | NRC.gov.
If the estate generates more than $600 in annual gross income, you are required to file Form 1041, U.S. Income Tax Return for Estates and Trusts. An estate may also need to pay quarterly estimated taxes.
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