Just to ensure I'm clear about claiming IRD from a 1099-INT a deceased parent receives (interest was earned after death but before payout to beneficiaries). 1099-INT was received the year after filing the final return.
Example, Interest Income listed as $1000 on mom's 1099-INTthat should be equally split and claimed by four beneficiaries; I'm one of them.
In TurboTax Premier, I list this under the "Less Common Income - Miscellaneous Income - Other Reportable Income" with a statement like "Income in Respect of a Decedent, Mary Jone XXX-XX-1234".
Is there anywhere I need to mention this came from a decedent's 1099-INT as Interest income (since the actual 1099-INT doesn't actually get reported?
Thanks!
