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10K maximum tax deduction also holds for Form 1041?

Greta
Level 9

I don't do many 1041s. The 1099R that went into an estate because no beneficiary was named had state taxes withheld of 35K. When I tried to use it as a deduction, the software reduced it to 10K. I assume (due to my ignorance) that the same 10K maximum for taxes applies to estate income tax returns?

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Just-Lisa-Now-
Level 15
Level 15

I believe trusts are subject to SALT limitations like individuals.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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1 Comment 1
Just-Lisa-Now-
Level 15
Level 15

I believe trusts are subject to SALT limitations like individuals.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪