i have a slightly different situation whichI think precludes me from using this solution. In my case the decedent died in December 2024, and I filed a 1040 tax return in April 2025 to report income earned up through her date of death. In January of 2025 (i.e. the month after her death) an investment account of hers received some dividends and capital gains. This was a professionally managed account, and these activities occurred prior to me being named the Personal Representative, so therefore the investment firm had not been notified of her passing nor the estate’s new EIN. In April 2026 I will need to report this income as well as additional income received in 2025 on a Form 1041, with some of that income being documented on a 1099 with her old SSN and other income on 1099’s using the correct estate EIN. I don’t think I can use the suggestion of filing a 1040 showing income received as a nominee, because there can’t be a 1040 for the decedent for the year after her death. It has been suggested that I simply include the income reported on the 1099 which uses her SSN on the 1041 and include a statement explaining why the discrepancy of SSN versus EIN. Is this a legitimate way to go? And if it is, does TurboTax have the ability to generate a statement like this on the 1041? Thanks in advance.
