I am married and we file jointly. We only have joint bank accounts and live in California. I was named in the will and the cash inheritance was wired to our joint account from the law firm managing the will.
- The 3520 instructions imply that I should not check 1i but the description of beneficiary makes it sound like my partner is a beneficiary even if he wasn't in the will and therefore I should check 1i. Am I supposed to check 1i?
- If I DO NOT need to check 1i do I still need to add my spouse ssn in 1d?
- Do I leave all boxes blank for initial return, final return, and amended return? The instructions say those are for a trust but the internet is all over the place on whether you do or don't choose one for inheritance.
- Section IV row 54. Is "cash" the extent of the description?
- since the law firm handling the will wired the money to each beneficiary,, does that change anything about form 3520? There was no interest earned.
thanks!!
