AmyC
Expert Alumni

Get your taxes done using TurboTax

You will have to do the extra work. Income received while they were living goes on their final return. Since you have interest and dividends reported under the social that do not belong to the deceased, you will have to make nominee entries for the estate amount.

You can create the 1099's from the deceased to the estate. See General Instructions for Certain Information Returns and checkout this TurboTax article to make it easier.

 

For the interest:  

  1. Open your return to federal income
  2. Select to enter interest income
  3. Enter the 1099-INT
  4. Continue
  5. Select that you need to make an adjustment.
  6. Enter the amount and select it is for someone else.
  7. Continue
  8. Done

 

 

For the dividends: 

  1. Enter the 1099-DIV
  2. When asked about uncommon situations, select I need to adjust these dividends (select the learn more link for additional help).
  3. continue
  4. Enter adjustment amount, select the learn more link for additional help
  5. Select I received all or part as nominee

 

 

 

I am very sorry for your loss.

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