Thank you.
Cash basis.
And I continued to operate the business until the properties were deeded over to the beneficiaries Feb. 28, 2024.
The IRS website seems to indicate just to be sure that the 1099-K amount is included in the gross income, without breaking down how much of the gross came from what.
My problem is that the entire 1099-K amount was issued under my mother's SSN. I'm thinking of filing an amended individual 1040 for her, referencing the correction and the trust's EIN on Schedule 1, Line 8z and 24 z, as IRS.gov recommends, and leave it at that. ??
