Form 1041

Forum|Forum|6 years ago
October 1, 2019
2 replies
7 views

Can I do my Estate 1041 without the 1099 forms if I have the income data to enter? Do you know if most organizations will provide 1099s for an estate mid-year? I can figure most of the income from the final statements.

Anonymous_

Level 15

@AnneP wrote:

Can I do my Estate 1041 without the 1099 forms if I have the income data to enter? Do you know if most organizations will provide 1099s for an estate mid-year? I can figure most of the income from the final statements.

You do not need 1099 forms to file a return; you can enter the information (income) from the forms if you have the figures. Most organizations (firms) will not send out 1099s until calendar year end, anyway.

However, be aware that you may have to amend if there is a discrepancy in what you have reported on your return and the 1099s (when you receive them).

macuser_22

Alumni - Champ

Just a reminder that payments made to the deceased prior to death go on the deceased final tax return - 1040. Only payments after death go to the estate - 1041.

You might need professional help.

Suggest that you read IRS Pub 559 (Survivors, Executors, and Administrators) for a lot of good information about filing the final return and estate return and other requirements.

https://www.irs.gov/pub/irs-pdf/p559.pdf

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**