2019 Income Tax Return for Estates and Trusts Instructions
The Department of Treasury Internal Revenue Service’s Income Tax Return for Estates and Trusts (Form 1041). The fiduciary of 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 out to household employees.