lbones
Level 5
02-27-2025
12:58 PM
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Client is the beneficiary of a Trust that was closed out in Feb of 2024. The Trust has received a 1099R with some taxable income and federal withholdings. My thought process is that the withholdings will flow to the beneficiary in the form of a refund for the 1041. Is that correct?
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George4Tacks
Level 15
02-27-2025
01:02 PM
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Yes.
Answers are easy. Questions are hard!
taoseno
Level 3
02-27-2025
06:03 PM
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I have the same problem; a trust with a 1099-R with lots of fed tax withheld.
I cant find anywhere to enter the 1099-R............
Should I just do a nominee to the final return for the person who died?
Any help would be appreciated!
taoseno
Level 3
02-28-2025
02:59 PM
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Ouch!
