I received a 1099s for sale of my fathers house for 1/3 of the proceeds. The money was used for his long term care. Can I nominee report the earnings to him?

All of the proceeds were put in an account to pay for his care.

Alumni - Intuit

Yes, If you receive a Form 1099 for amounts that actually belong to another person or entity, you are considered a nominee recipient.

You must file a Form 1099 with the IRS (the same type of Form 1099 you received).

You must also furnish a Form 1099 to your father.

File the new Form 1099 with Form 1096 (this is a transmittal for the 1099) by mailing to the Internal Revenue Service Center for your area.

On each new Form 1099, list yourself as the payer and your father as the recipient. On Form 1096, list yourself as the nominee filer, not the original payer. The nominee is responsible for filing the subsequent Forms 1099 to show the amount allocable to each owner.

Order forms from the IRS here.

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