dagregg21
Returning Member

How do I handle dividend income for an inherited account accrued between the time of death and taking possession of the account?

My brother and I inherited a brokerage account from our father divided equally.  We didn't take ownership of the account for 3 months after his passing.  A 1099-DIV was sent in Dad's name for dividends accrued during that 3 months.  The brokerage house won't issue new separate 1099's.  How do my brother and I handle this on taxes to divide the responsibility of the dividend gain?