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posted Jun 4, 2019 7:16:02 PM

Mom died 12/23/2016. Due to 'lag time' in processing her acct, I got a 1099-INT for 2017. Can;t do a 2017 1040; can't change the 1099. How can I file this income?

The 1099-INT and -DIV is for several hundred dollars, and is not  'de minimus'.  There is also a trust involved, so I have another EIN to use for the subsequent trust, but I can't use mom's SSN for income 2017, since she died in 2016.  How can I get this 1099 processed?

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1 Best answer
Level 2
Jun 4, 2019 7:16:03 PM

Since your mom passed in 2016, the 1099's you have are income to the trust.  You need to contact the bank and ask to have the 1099's re-issued in the trust's ID number.

If this fails, the trust is able to claim the interest and dividends as a nominee.  Just look for the "special situations" screens when you are entering the income.

1 Replies
Level 2
Jun 4, 2019 7:16:03 PM

Since your mom passed in 2016, the 1099's you have are income to the trust.  You need to contact the bank and ask to have the 1099's re-issued in the trust's ID number.

If this fails, the trust is able to claim the interest and dividends as a nominee.  Just look for the "special situations" screens when you are entering the income.