1040/1041 question

[mmbowm]

I have questions on two 1099s received for a relative that passed away during 2024.

1- I am splitting the interest for a portion to be reported by her trust return.  How is this referenced in Turbo Tax on her 1040 return?  Secondly, what happens if a new 1099 wasn't issued to her revocable trust?

2- Her 1099 for an annuity had a nontaxable amount that was received after her death as a return of her investment and death benefit.   Since it isn't taxable, can it all be left on her 1040 return?

3-  Lastly, for her trust, her trustee (son) will be claiming her refund.   What qualifies as a Certified Personnel Representative?  

[RobertB4444]

1. You don't need to split this.  If the 1099-INT was issued to her social security number just put it all on her final personal return.  Her trust only needs to file a return if it has over $600 in income.  If you can get the majority of it on her personal return then do so.

2. If the 1099 was issued to her social security number then absolutely.

3. Certified means court appointed.  You will receive a letter from the court showing that her son has been appointed as trustee, or have some other form of documentation.  That should be attached to the return and it has to be mailed in in order to receive the refund.

@mmbowm 

[mmbowm]

As to the interest income on question 1.   $687 was received post death and the tax preparer for the trust was going to include.  When I show this on the 1040 as a nominee transfer, how do I include the EIN of where it will be included so that it may be matched up?  I am using Turbo Tax Deluxe.   Thanks.