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1099-R issued to Estate after Final 1041 has been filed

LRoth
New Member

 A final 1041 was filed for the 2022 tax year for an Estate.  In 2024, an additional (sizable) asset was located and a 1099-R was issued to the Estate EIN for 2024.  Over $24,000 of federal income tax was withheld from the distribution.  Can a 1041 be filed for 2024 to report the income and claim the refund even though a "final" 1041 was filed for the 2022 tax year?  

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3 Comments 3
sjrcpa
Level 15

Yes


The more I know the more I don’t know.
BobKamman
Level 15

What makes you think there will be a refund?  Was the asset distributed in 2024?  Make sure the beneficiaries know to expect a K-1.  

LRoth
New Member

Yes - all assets/income was distributed and the beneficiaries know a K-1 is coming.