Level 4

Question

Final Returns for deceased client

Forum|Forum|3 years ago
August 9, 2022
2 replies
9 views

A final return was filed for a deceased client. A 1099 received after filing, but the 1099 was issued not in the client's name but to the estate of. Do I amend the file return or do we have to file an estate form.

This 1099 showed taxable amount as well as federal withholding.

Individual

This topic has been closed for replies.

Just-Lisa-Now-

Intuit Community Champion

Was the 1099 for the same year they died or was it issued for the following year after death?

If it was something that happened (you dont say which type of 1099 it was) after they died, a 1041 will be needed.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

M

momma1Author

Level 4

The 1099 was issued the year after the death

Just-Lisa-Now-

Intuit Community Champion

You'll need to apply for an EIN for the estate and file the 1041.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

BobKamman

Level 15

Year of death.

Year of 1099.

Type of 1099.

Amount of income.

Amount of tax withheld.

"I've Got A Secret" was a fun TV show, you can still watch it on YouTube, but let's not play it here.

M

momma1Author

Level 4

Good morning,

The year of death was 2020

The 1099R was dated 2021. Distribution code 4,

Gross distribution $49,239.00 Taxable amount $49,179.00.

Federal Tax Withheld $4,923.90 - State Tax Withheld $2092.66.

Final Tax Return for individual filed 2020

No Estate Tax has ever been filed.

How do I file this 1099R?

Just-Lisa-Now-

Intuit Community Champion

You'll need to apply for an EIN for the estate, then file the 1041. Did the beneficiary get the money or where is the money now?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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