1099-R for deceased

Forum|Forum|2 years ago
April 13, 2024
2 replies
13 views

Just looking for a general opinion. Client died in 2022. The surviving spouse has not changed one of the deceased husbands IRA's to her name so the 2023 1099-R is coming under the decease spouse's SSN. Only a $5000 distribution. Would you report this amount on the surviving spouse's tax return and just attach a note to the return. Unfortunately this is quite a repetitive issue as my client base continues to age.

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Best answer by IRonMaN

It's April 13th so I wouldn't hesitate to just plop it on her return.

IRonMaNAnswer

Level 15

It's April 13th so I wouldn't hesitate to just plop it on her return.

Slava Ukraini!

BobKamman

Level 15

What I find interesting is that you refer to the deceased as "client," but the widow only as "surviving spouse." I hope in time you come to consider her a client also. Maybe for your approval she needs to clean up her act by closing the IRA account. I have already mentioned elsewhere that we tax income, not pieces of paper, so I won't say it again. She got $5,000 income. To avoid fraud, put it on her return. It's not even a situation where document matching will generate a deficiency notice, because IRS has been informed of the death. If there was tax withheld, IRS might ask about that in a year or so. They don't match all the 1099 withholding reports until much later in the year.

qbteachmt

Level 15

"She got $5,000 income."

I read that as "only $5,000" as if that is immaterial.

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