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Level 5
December 7, 2019
Solved

1099 C decedent

I have a widowed client who received a 1099 C for deceased husband's business that was filed on their joint return schedule C when he was alive. I do not recognize the last 4 of the taxpayer id on the 1099 C, it's neither his nor hers, and the business did not have a FEIN. Does the widow, whose return I am preparing, have to claim the amount on this form? The event code is G, decision/policy to discontinue collection. Your response will be appreciated.

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sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

It goes on the 1041 for his estate.

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

3 replies

sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

It goes on the 1041 for his estate.

The more I know the more I don’t know.
pat11Author
Level 5
December 7, 2019
Thank you for your response.