The answers to your questions are posted below.
Question: Does a pension payment received after death require a 1099-Misc and adjust 1099-R?
- No. A pension, even after death, would still be reported on Form 1099-R, it should not be reported on Form 1099-MISC. And it is not subject to social security or medicare taxes. The pension does not require any adjustment if it shows only the portion received by the decedent while they were alive. A second Form 1099-R should be issued to the beneficiary after death if applicable.
Question: If the only income to the estate in 2022 is that nontaxable 1099-G, does the estate need to file for 2022?
- No. An estate return is not required if there is less than $600 of taxable income, The Form 1099-G for a refund of state income tax when itemized deductions were not used the previous tax year is not taxable income in the current year. See IRS Filing the Estate.
Please update here if you need further assistance.
@HydroSci
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