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How to identify transfer of deceased spouse's rental property to estate in MFJ return
I don't see an option in Turbotax Premier to indicate that my late husband's rental property transferred to his estate at his death. The closest disposition I can indicate is a sale, but when I put the sale price at zero, I end up with a big capital loss, which I know is incorrect. I know rent income before his death should be reported on our MFJ return while income after his death should be reported on an estate income return.
A separate issue is that my property manager used my SSN for her 1099-MISC because I always acted as my husband's agent (he was incapacitated), so according to that form, all the income was earned by me instead of the estate.
I think the total taxes would end up slightly lower if the post-death income is deemed earned by the estate instead of me but not sure it makes much difference.