Received two 1099 consolidated forms from same brokerage company.
#1. Statement with Jill's SSN, and new Acct Number. But account still listed as [PII removed] RevocableTrust and Jill's name under that title. Consolidated info is a 1099-DIV.
#2. Statement with Jack's SSN, and old Acct Number. But account still listed as [PII removed] Revocable Trust and Jack's name under that title. Consolidated info is a 1099-DIV, 1099-INT.
How would I enter the information:
A. Should i enter them separately, but check "Both" under "Theses Dividends belong to:"
B. Combine the total of each box, and enter under 1 "Broker or Payer", and check "Both" under "Theses Dividends belong to:"
C. Separately and check only there names only under "Theses Dividends belong to:"
Appreciate any help, thank you.
Enter each statement separately, then on the one with Jacks's name choose jointly owned if they were always jointly owned or select Jack if he was the sole owner before death. Next, check only your name on the one with your name on it since you are the only owner after death.
A: Yes, enter separately, use instructions above to select who they belong to.
B: No.
C: Yes, use instructions above to select who they belong to.
Enter each statement separately, then on the one with Jacks's name choose jointly owned if they were always jointly owned or select Jack if he was the sole owner before death. Next, check only your name on the one with your name on it since you are the only owner after death.
A: Yes, enter separately, use instructions above to select who they belong to.
B: No.
C: Yes, use instructions above to select who they belong to.