My mother passed in 2013. My father passed in 2022. A full two years after his death, I (as the executor) received a notice from MetLife that my father was the sole beneficiary of my mothers pension plan. I was finally able to collect the funds, and dispersed amongst myself and three siblings in 2025. . The amount was roughly 12k each. I was able to finally close out his estate in 2026. There were no other assets.
So the estate collected the pension payout but the heirs collected money from the estate. How the heck do we report? Is it income? He passed in south carolina which does not tax inheritance money. we all live in different states.
