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Many states prohibit people who have felony convictions from serving as executor. In Indiana, you cannot name an executor who has been convicted of a felony under any federal or state law.
Executorâs fees. If the estate paid the executor, the amount can be deducted from the estateâs income. The executor must report the fees as taxable income on his or her own personal income tax return. Expert fees. You can deduct reasonable amounts the estate paid to attorneys, accountants, and tax preparers.he executor must file a federal income tax return (Form 1041) if the estate has: 1  gross income for the tax year of $600 or more, or. 2  a beneficiary who is a nonresident alien.