Is an executor's fee taxable income?

Related Ads


Do I have to report the fee I got for being the executor of my mother’s estate as income on my tax return?


Yes—the fee is taxable income. Most people report it on line 21 of the personal tax return, IRS Form 1040. (Professionals, in the business of being an executor, report it as self-employment income.) For more information about executors and taxes, see IRS Publication 559, Survivors, Executors, and Administrators.

Talk to a Lawyer

Need professional help? Find a lawyer.
how it works 1
Briefly tell us about your case
how it works 2
Provide your contact information
how it works 1
Choose attorneys to contact you