Solved
Can Estate pay the tax on INT that would normally be passed on to heirs on K1?
This is an initial and final 1041 decedents estate YE 3/31/23. All assets were disposed of during the year with no gain due to stepped up basis. The Estate received about $5500 INT
Normally, I would show the INT as DNI and pass it to the heirs on K1s. Executor would prefer to pay the tax on the INT at the estate level (so the 6 heirs do not have to amend their 2022 returns.
Any issues?
