Thank you! I’ve determined it is a complex trust.
A related issue with the sale of equities/mutual funds…All sales occurred before my mom’s passing and there was net realized gain.
I received a combined 1099 statement (issued to the trust EIN) from her brokerage firm that listed both dividends (1099DIV) and the L-T sales (1099B) that were reported to the IRS. With my mom as nominee, I issued a 1099DIV, but there was no provision for issuing 1099B sales. How do I report the sales and realized gain on Schedule D so it’s clear they belong on her personal 1040 return and not the trust 1041 return?
