Thank you for the reply. But I still have a question about a form 1041 needed or not.
The income on the 1099 was early 2024, so was all after death which was in 2023. The interest and dividends went first into the joint account, then when all assets in that account were divided between the two remaining people on the account they each received a part of the dividends and interest.
1. So does the executor have to file a form 1041 and sends a K-1 to each of those who received the proceeds?
2. Or can they each just report their portion of the interest and dividends as other interest or dividends?
thank you!
