GPSN
Level 1
05-11-2020
04:18 PM
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Thank you for responding.
No the amount they are taxing is not correct. They are taxing 1 of the beneficiaries and not the other on 1/2 of the income received.Both Beneficiaries will have to pay tax on the income received on their 2020 taxes. The estate is not required to pay tax on the K41 return.