Last question,
Just received another 1099-INT from the Treasury Department, this one for Interest Income on T-Bills that was paid to Dad in 2024 (he died in 2023); his name and SSN is on the 1099-INT. A couple hundred bucks that when redeemed in 2024 was transferred to the Trust's bank account (different EIN). That account was equally distributed to all four beneficiaries and closed.
So on the Trust Return do I:
1) input info from the 1099-INT as Interest Income for the Trust (as if the Trust's info was on the form)?
2) file a nominee 1099-INT from Dad to the Trust, and report it with a Trust 1099-INT?
-or-
3) report the Interest Income from the 1099-INT as "other income" with the comment "Income in Respect of Decedent, Joe Smith, XXX-XX-1234"?
Thanks!
