My brother asked me to provide you with more details and I promise this is it for me. He will resolve.
2024 - the Estate Brokerage Account was established. Dividends for the 3rdand 4th quarter 2024 were reported on Estate Tax Return. The dividends were reinvested; therefore, no check was issued. No distributions were made to beneficiaries, and no K-1 issued. $1,200 total dividends for the quarters.
2025 - dividends for 1st quarter March 2025 were issued and reinvested in Estate Brokerage Account.
In June 2025, the stock was transferred/distributed to the beneficiaries from Estate Brokerage Account.
The dividends for 2nd quarter June 2025 were issued after stock transfer/ distribution to beneficiaries, and a check was issued to the estate and deposited in Estate Bank Account. $1,200 total dividends for the quarters.
Should a K-1 be issued for both years for $1200?
Thank you for your time and patience.
