I am filing a 1041 on behalf of my sister's estate, as Qualified Executor. During January 2024, I received a 2023 1099-S for sale of her house, using the Estate EIN; I knowhow to handle this in the 1041.
The only other document received is a 2023 1099-R issued by her retirement pension provider, which uses my sister's SSN. This 1099-R amount represents her final pension payment, which was received via direct deposit to her credit union checking account on 12/30/22. The pension agency provides each monthly payment 'in arrears'; such that each month of her 2022 payments is deposited early in the following month. For December 2022, this would have meant receiving the payment in early January 2023; but the practice of this agency is to deposit the funds in late December. Following this practice, the funds were deposited on 12/30/22 into her credit union account.
Note that I prepared and filed 2022 Federal and State tax returns on behalf of my sister, using 2022 1099s received from her payers in early 2023. I indicated she was deceased in 2022 in these returns.
My question: Can I use this 1099-R in the 2023 1041 I'm preparing (with my sister's SSN)? Or,
1) should I request a corrected 1099-R from her retirement agency, which uses the Estate EIN number?; or
2) do I have to submit a revised 2022 1040 for my sister? (..this implies it is ok to use a 2023 1099-R as the reason I am submitting a revised 2022 1040; can this be done?); or,
3) should I prepare a 2023 1040 using her SSN, with the 2023 1099-R from her pension agency as the only payment? Note that TurboTax is not allowing me to do this, as I reported her death with the 2022 1040 tax return.
Thanks for any insight on this issue. Mike
