My Mother died in 2019, leaving her investments to my Father. He died in 2020. I received a 1099 for CD interest that declared my Mother as the recipient. I would have expected them to issue this to the new holder, my Father, or to me, the beneficiary.

purplehiss · ‎February 22, 2021

My Mother died in 2019, leaving her investments to my Father. He died in 2020. In 2021 I received a 1099 for 2020 CD interest that declared my Mother as the recipient. I would have expected them to issue this to the new holder, my Father, or to me, the beneficiary.

The bank says they cannot change the recipient 1099, even though I sent them death certificates after each death. The interest was $1300. Can I ignore it?