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Which of the following statements best describes when Form 1041 is filed to report and pay tax? The transfer of assets from the decedent's estate

Which of the following statements best describes when Form 1041 is filed to report and pay tax?

The transfer of assets from the decedent's estate to the beneficiaries.

Income the decedent received during their life.

Income received by the decedent's estate after the decedent's death.

Income received directly by a designated beneficiary because of property transferred via a transfer on death deed.

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