@Anonymous_
(1) Regarding the EIN...upon death, I applied for an EIN in the name of "The (mother's name) Living Trust". There was no EIN prior to her death. That was the EIN given to the lawyer handling the sale of the house. I now have a 1099-s with that EIN on it, the transferor's name listed as "The (mother's name) Living Trust" and the gross proceeds noted as $345,000 - the price of the house.
I assume all the above was handled correctly?
(2) Upon completion of the sale, the lawyer handling the transaction cut checks to my siblings and myself in equal amounts. Since I am not going to be generating K-1's when I complete the 1041, are those distributions reported anywhere? on our individual 1040's?
My siblings want to file there 1040's and it sounds like they don't have to wait for me since I will not be giving them anything? Is that correct?
