Royalties Received for Deceased Wife

[david3]

TP received a 1099-MISC for his deceased wife's oil royalties. The 1099 lists the decedent's SSN. The royalties were deposited in the TP's joint bank account.

How do I enter the 1099-MISC in PS so that the TP pays tax on the royalties? I don't see a section on the 1099-MISC Wks to do this. 

There will also be a nonresident state return filed for the royalties.

Thanks for you help.

[IRonMaN]

Enter if the same way as you would if his name was on it.

[david3]

Thanks, but I wasn't clear that she passed away in 2022.

The 1099 is issued to her SSN and name. The TP is filing as single on his 2023 1040. So, how do I report this in PS?

Thanks for your help.

[IRonMaN · Accepted solution]

You don't need to complete a 1099 in the software.  Just directly enter the royalties on schedule E.  Or if you are really into completing 1099s, you can put his name on the 1099 worksheet.  As a side note, tell your client to update the ownership information with the entity paying the royalties so you don't have to worry about this every year.

[Skylane]

Same answer...  (assuming that TP inherited the royalties)... you may suggest the royalties get changed to the name & ein of the heir(s).

[david3]

Thank you both for your help.