My mother passed away April 1 of 2019. I just got the 1099 for the pension.
She received 3 month payments before April 1, and the last on April 25. The 1099 reports all four months income under her SSN. The Distribution code is 7, normal distribution.
My impression is the the last payment should be reported on her Estate tax return, form 1041. I can either ask for a corrected 1041, or issue a 1099 from her personal return to the estate.
What is the preferable procedure, and how to implement it?
Either way would work, but I would recommend requesting a corrected 1099-R so that the pension will also have the correct records.
**Mark the post that answers your question by clicking on "Mark as Best Answer"