sjrcpa
Level 15

The 2024 income should be reported on a 1041 for the decedent's estate.

Since no one transferred the account to the beneficiary, there probably were no distributions either. No distribution deduction = tax paid by estate.

Caveat- this probably doesn't apply if this is community property in a community property state. @BobKamman  could weigh in on that.


The more I know the more I don’t know.
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