Reporting of Dividends before TOD

[Jonathan1]

Mom passed in October 2021.   She lived in Florida and was single.  Dad had passed in the 1990's.

Several of her accounts were TOD. That is, transfer on death. My sister was named as the TOD on various bank and mutual fund accounts.

I am preparing Mom's final Federal return. 

For Mom's return, for any of the TOD accounts, do I need to report the dollar amount of any dividends and interest she received prior to her passing?  I am trying to figure out if some apportionment is required of dollars pre-passing and post-passing.  Or, does my sister, who was the TOD, assume reporting for ALL dividends and interest received in 2021 on those accounts.  Thank you. 

[PattiF · Accepted solution]

Yes, you would report the dividends and interest that your Mom received before she passed on her tax return. Your sister would report the dividends and interest that were issued after the date of death.

We are sorry about the death of your mother.

[Jonathan1]

Thank you. Much appreciated