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Wallstreet Esq.
Wallstreet Esq., Tax Attorney
Category: Tax
Satisfied Customers: 586
Experience:  10 years experience
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Are expenses incurred to sale personal property of an estate

Customer Question

Are expenses incurred to sale personal property of an estate deductible and if so where on the form 1041, as an adjustment to gain or loss on form 8949 or as administrative expense subject to or not subject to the 2%?
JA: The Accountant will know how to help. Is there anything else important you think the Accountant should know?
Customer: no
Submitted: 1 year ago.
Category: Tax
Expert:  Mark Taylor replied 1 year ago.

Hi, my name is Mark. I will be happy to help you with your questions.

Expert:  Mark Taylor replied 1 year ago.

You mentioned that these expenses were incurred for the sale of personal property. What were these expenses? Could you please clarify so I can better assist you?

Customer: replied 1 year ago.
Hi Mark, Already see I will owe you more than the $33, so I don't want to continue because our fee for this little return is too low. Please cancel and refund. Thanks anyway.
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Expert:  Mark Taylor replied 1 year ago.

No problem. Good luck with everything.

Customer: replied 1 year ago.
Expert:  PDtax replied 1 year ago.

Hi from Just Answer. I'm PDtax. Site management prompted me to respond.

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