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Level 1
Apr 12, 2022 6:37 PM UTC
Solved

Dividends received for deceased

My mom passed away in late 2020.  She received dividends in 2021 prior to the estate being closed out and after I filed the 2020 return.  How do I report these?  It will not let me choose 2020 as TOD nor can I choose the form 1310.  

 

Diane

    Level 15
    Apr 12, 2022 6:52 PM UTC

    The dividends are considered IRD (income in respect of a decedent) and are reported on the return of whoever received the dividends, typically the estate, heir(s), or beneficiary(ies).

    1 reply

    Level 15
    Apr 12, 2022 6:52 PM UTC

    The dividends are considered IRD (income in respect of a decedent) and are reported on the return of whoever received the dividends, typically the estate, heir(s), or beneficiary(ies).