Client received 1099-DIV in deceased husband's name & SS#. The account is only in husband's name. Husband died Oct. 2020. I already filed a final return in 2021 for federal and state returns. I am assuming I will have to file a tax return for federal and state using the husband's name. The surviving spouse has been trying to get this account changed over to her name since his death. Finally it happened in 2022.
All the dividends were reinvested into the funds. Since the account was only in her husband's name only, she had to file a Short Certificate to be able to put the account in her name. No estate taxes were filed. As of 2022 the account is in her name only. She has not taken any money out of the fund.
"Short Certificate" seems to be peculiar to New Jersey, where they don't trust people to pump their own gas either. You have to go to the courthouse and fork over at least $100 cash, to resolve a simple problem like this? Or maybe it's Delaware.
Put it on her return, and explain to her "stepped-up basis" so she can sell it before her heirs have the same problem.
Edited to add: Or it looks like you may be in Pennsylvania, where they do things the way most states gave up 50 years ago.
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