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Get your taxes done using TurboTax
@snsa wrote:
- Should I expect to see a 1099 showing income up to the date of death, as well as an additional 1099 beyond that date for income attributable to the estate?
I would expect to see a 1099 that covers the entire tax year (which is a calendar year in the case of individuals) for your mother, despite the fact that she passed away around mid-year.
What typically happens is all of the income on the 1099 is reported on the decedent's final return and the portion that is attributable to the post death period is reported as received as nominee for the estate (or trust, as the case may be). The estate then reports that portion of the income it received after the death of the decedent on Form 1041.
‎February 28, 2020
2:51 PM