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of <h1>Executor's Tax Duties: Estate Income Taxable in Executor's Hands, Section 305 Applies, Residency Mirrors Deceased's Status</h1> The income of a deceased person's estate is taxable in the executor's hands, either as an individual if there is one executor or as an association of persons if there are multiple executors. The executor's residency status aligns with that of the deceased for the relevant tax year. The term 'executor' includes administrators or similar roles. Separate assessments are made for the executor's income and the estate's income for each tax year until the estate is fully distributed to beneficiaries. Income distributed to specific legatees is excluded from the estate's income but included in the legatee's income. Section 305 provisions apply to executors regarding tax obligations.
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