topic how do I split interest reported to an individual on Form 1098 between him (a decedent in 2019) and his estate. in Deductions & credits

how do I split interest reported to an individual on Form 1098 between him (a decedent in 2019) and his estate.

bobclark15 — Fri, 31 Jan 2020 22:43:45 GMT

My father died on April 4, 2019. At the time of his death he owned a home with a mortgage, which was paid after his death through his estate, but the home's ownership was not transferred into the estate. The home was sold in November 2019. The mortgage company sent a 1098 under his SSAN for the mortgage interest paid through the closing date.

How do I split that amount between his final return and the estate's tax return?

Re: how do I split interest reported to an individual on Form 1098 between him (a decedent in 201...

VictoriaD75 — Sun, 02 Feb 2020 22:09:30 GMT

According to IRS Publication 559, "Generally the rules for deductions allowed to an individual also apply to the decedent's final income tax return. Show on the final return deductible items the decedent paid before death..."

Refer to the information starting on page 6 for more details:

Publication 559