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Taxpayer died in 2017 need to file for 1099-DIV and 1099-B for 2018

 
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Rachel_W
Expert Alumni

Taxpayer died in 2017 need to file for 1099-DIV and 1099-B for 2018

You cannot file a 2018 Form 1040 for someone who died in 2017.

Income received after the year of death is called "Income in Respect of a Decedent".  It should be included on the Estate's Fiduciary Return, Form 1041, or the beneficiaries 2018 return. 

Click this link for the 2018 IRS Pub 559: Survivors, Executors, and Administrators, Page 9 for more details.

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2 Replies

Taxpayer died in 2017 need to file for 1099-DIV and 1099-B for 2018

Turbo tax won't accept the date of death as 2017
Rachel_W
Expert Alumni

Taxpayer died in 2017 need to file for 1099-DIV and 1099-B for 2018

You cannot file a 2018 Form 1040 for someone who died in 2017.

Income received after the year of death is called "Income in Respect of a Decedent".  It should be included on the Estate's Fiduciary Return, Form 1041, or the beneficiaries 2018 return. 

Click this link for the 2018 IRS Pub 559: Survivors, Executors, and Administrators, Page 9 for more details.

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