taxu2
Level 4
12-07-2019
02:59 AM
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Client received form 1099-INT. The account is in clients name and deceased aunts name. Aunt passed away on 09-21-17. However 1099 still shows recipients id as aunts social security number. Can client report on their taxes since their name is on the account or does it need to be done on the estate return?
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sjrcpa
Level 15
12-07-2019
02:59 AM
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If your client was the joint owner and it became your client's upon aunt's death - Yes.
Client should get bank tio change it to his name and SSN.
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taxu2
Level 4
12-07-2019
02:59 AM
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Okay. Thank you!
