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Level 1
December 7, 2019
Solved

CAN 1099-R FEDERAL WITHHOLDINGS BE ALLOCATED TO A BENEFICIARY?

  • December 7, 2019
  • 1 reply
  • 7 views

INITIAL & FINAL YEAR 1041 BENEFICIARY RECEIVED PROCEEDS FROM PENSION DISTRIBUTION FEDERAL TAX TITHHELD 1099-R HAS ESTATE IDENTIFICATION NUMBER LISTED.  WANT TO DISTRIBUTE ALL INCOME AND FEDEAL TAX WITHHELD TO BENEFICIARY.

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Best answer by TAXOH

The withholding has to come back to the estate and then you can distribute that to the beneficiaries. 

1 reply

TAXOH
TAXOHAnswer
Level 10
December 7, 2019

The withholding has to come back to the estate and then you can distribute that to the beneficiaries.