I am filing a 2018 taxes return for my deceased mother. I received 1099-B forms for the stocks and mutual funds sold after her passing. The proceeds of the sale were put in a new bank account titled the Estate of Mrs. XXX with myself noted as the Executor. I also received 1099- Div forms from these funds that were issued prior to her death. Can these all be reported on one return or is there another process that needs to be followed? Thank you
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The income received prior to her death would be reported on her final return for 2018.
You will only need to file an estate return for the income received after her death. This would be done using TurboTax Business, NOT Home and Business.
(Edited 3/6/19 @ 11:22AM EST)
The income received prior to her death would be reported on her final return for 2018.
You will only need to file an estate return for the income received after her death. This would be done using TurboTax Business, NOT Home and Business.
(Edited 3/6/19 @ 11:22AM EST)
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