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Level 3
March 11, 2026
Question

deceased income received on their TID not estate

  • March 11, 2026
  • 1 reply
  • 12 views

I have customers who passed away in 2024 and early 2025. Executors have not changed their financial records too reflect the income into estate TID-  What is best way to handle on 1041?  Nominee interest for all?

1 reply

sjrcpa
Level 15
March 11, 2026

Nominee from dead people to estate?

Don't bother.

IRS knows they are dead and will not be expecting a 1040. There will not be  a matching notice.

Just report the estate's income on the estate 1041 whether it is reported to SSN or EIN.

The more I know the more I don’t know.
Skylane
Intuit Community Champion
March 12, 2026

@sjrcpa  said “IRS knows they are dead and will not be expecting a 1040. There will not be  a matching notice.”

the estate TIN is tied to the decedents SSN….agree 100%

If at first you don’t succeed…..find a workaround