Received a Form 5498 for my Dad's CD which was POD to me. I have already filed a 1099 for this payment on my own taxes. Do I need to include this form on his taxes?

He passed away 2/4/22

posted

Connect with an expert

1 Reply

Received a Form 5498 for my Dad's CD which was POD to me. I have already filed a 1099 for this payment on my own taxes. Do I need to include this form on his taxes?

A Form 5498 is an informational form only, it is not entered on a tax return.

Still have questions?