About this Course
This course provides step-by-step guidance for figuring tax liability to accurately complete the fiduciary income tax return, Form 1041. Upon completing this course, you should be able to: Figure the tax payable by the trust or estate and complete Schedule G of Form 1041; Understand the NII tax for a trust or estate; Identify the tax credits that can be claimed on a fiduciary income tax return; Compute estimated tax where applicable; Identify who must sign the 1041 return; Determine where to file the 1041 return