2024 1099R for Deceased Person

[NancyB10]

Our father passed away in November 2023 and our mother is his sole surviving beneficiary.

They filed a 2023 tax return as married filing jointly.

We are planning to file a 2024 tax return as single for our mother. 

But we have received a 2024 1099R for our father.  This was a direct deposit on 1/12/2024 for $541.93, the RMD on his Defined Contribution Plan.

How do we record the 1099R that we received?

[MaryK4 · Accepted solution]

Your mother can report the income on her return.  This is Income in respect of a decedent- which is income for your father received after his final return was filed.  Whoever has the right to receive the income must report it on their personal return if they received the distribution.  You can add it to the tax return as Miscellaneous income.    See Income in Respect of a Decedent.
 

Under Less Common Income select Miscellaneous Income, 1099-A, 1099-C

1. On the Let's Work on Any Miscellaneous Income page, select Start to the right of Other reportable income
2. On the Any Other Taxable Income? screen, select Yes
3. On the Other Taxable Income screen enter the description "IRD for Name/ last four SSN," then the amount.  Select Continue
4. On the Other Miscellaneous Income Summary screen, select Done

[NancyB10]

Thank you very much for the answer.  But this is a 1099R for a RMD and we expected to record this as Retirement Plan income.  Why should it be recorded as Miscellaneous Income? 

[NancyB10]

My mistake, I didn't know what IRD was for the name.  Thank you very much for your assistance!