Tax & General Practice Attorney
Cornelius Law, LLC
Lawyers Building110 E. Central Ave
Miamisburg, Ohio 45342
USA
(937) 866-8454
Firm's Profile Articles Published by Cornelius Law, LLC
How to Report Taxes on Executor's or Fiduciary's Pay
Payment to the executor's or fiduciary of an estate is taxable income on Line 21 "other income" on the Form 1040. This income isn't subject to self-employment tax unless the executor is in the routine business of handling estates or unless there was an actual business in the estate which the executor was paid to run (see Publication 559 as a google search).
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