abctax55
Level 15

1) Calling the IRS is a waste of time.  Unless you can get them to "put their advice in writing" what *they* tell you is worthless.

2) Clients are often wrong when it comes to having to pay taxes.

Is this income being reported on a trust return, and the gains flowing out on a K-1 to the individual?  

And condolences on your loss.

HumanKind... Be Both