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Get your taxes done using TurboTax
Sorry, but I do not find this answer helpful. In my situation, I have several TOD accounts that didn't get transferred until a few months after the death of the owner (my dad). There were 1099-INT, 1099-DIV, and 1099-B forms that all had some amounts on them that legally belong to me or my brother (50/50 split) because of things that happened after dad's date of death. I understand the accounting of it - my dad's return should show the 1099 info, with a nominee line for each of the 2 beneficiaries subtracting out their portions from after the date of death. Our accountant has helped with that, I think dad's return looks right.
However, the accountant adamantly refuses to issue any 1099s to us (the TOD recipients). So somehow my brother and I have to report those amounts we owe the tax on into Turbotax. The actual mechanics of how to enter that information are elusive. I have the original 1099s for my dad. I understand how each one is supposed to be split, and the nominee lines on my dad's return seem correct to me (although summarized - for example, all the dividends from different sources are in one lump nominee number). What I CANNOT figure out is how to get that info into Turbotax Deluxe (desktop). I can't find any examples or answers to the specifics for each type of form. Any advice on how specifically to get Turbotax to enter that would be helpful.
As a note, I saw advice online to use the "other income" section of Turbotax, but given that some of these are 1099-Bs with capital gain implications, and others are qualified dividends (not taxed as ordinary income), this seems like an incorrect approach to me.