Form 1041, U.S. Income Tax Return for Estates and Trusts
The fiduciary of a 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 to household employees.
Source Page: https://www.irs.gov/forms-pubs/about-form-1041