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Executor Fees


Guest David B

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Guest David B

Are executor fees counted as earned income treatable as compensation for pension/profit sharing contribution purposes?

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Yes if you treat them as earned income subject to SE tax, otherwise no.

If you're "in the business" of being an executor then they're subject to SE, if you're an executor for a relative or friend the fees are taxable but not subject to SE tax.

See the IRS publication for Executors.

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