The financial institutions refused to re-issue 1099INTs in the name of the estate, or even the Joint Owner on the savings accounts. The estate is very small, in the thousands in savings accounts- no other income. I have distributed all taxable interest income to the single beneficiary (who is also Joint Owner-because the decedent was listed as primary with his SSN), except for $600. Using the decedents SSN on his 1040SR Schedule B, nominee interest was shown as deducted to the respective nominee, then form 1096 and 1099INT is to be mailed tomorrow applying $600 to the Estate EIN, with the $$ balance accompanying 1099INT for the beneficiary/joint owner. The Estate EIN will then have a total $600. I know there is a $600 exemption, does that mean no schedule k-1 will need to be issued?
