turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

dmml
New Member

If a final 1040 was filed in 2015 for my deceased mother, what do i do with income in 2016

My mother in law passed away in 2015.  we filed her return for 2015, stating she was deceased.  in 2016 she received 1099s with interest income and a 1098 from the sale of her home, how do we account for that on a 2016 return.  my husband is the executor of her estate.  thank you

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

If a final 1040 was filed in 2015 for my deceased mother, what do i do with income in 2016

The income earned after death for an individual would go on a 104! Estate tax return.

If there is a lawyer involved with the Estate many times they file this, so I suggest you talk with them.

If you want to do the 1041, it is competed on TurboTax Business software (not home & business or self-employed).

It ca purchased at :https://turbotax.intuit.com/small-business-taxes/

View solution in original post

1 Reply

If a final 1040 was filed in 2015 for my deceased mother, what do i do with income in 2016

The income earned after death for an individual would go on a 104! Estate tax return.

If there is a lawyer involved with the Estate many times they file this, so I suggest you talk with them.

If you want to do the 1041, it is competed on TurboTax Business software (not home & business or self-employed).

It ca purchased at :https://turbotax.intuit.com/small-business-taxes/

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies