If a taxpayer died in 2023 and filed a joint return for that year but received a 1099-DIV in 2024, what form should be filed for him in 2024? His wife filed a 2024 1040.

Forum|Forum|9 months ago
September 9, 2025
2 replies
7 views

Some brokerage accounts issued 1099's in the husband's name and SS #. Can that income be included on his wife's 1040?

ProSeries Professional

sjrcpa

Level 15

Were the accounts joint with the wife?

Or solely his?

And the reason 1099s were issued in decedent's name and SSN is because no one transferred the account to the estate/joint owner/beneficiary.

The more I know the more I don’t know.

R

RayYanks15Author

Level 3

To sjrcpa:

Accounts were solely in husband's name totaling $30,000. Yes, 1099's were issued in decedent's name because no one transferred the account to the beneficiary. Where should I report the income?

BobKamman

Level 15

No form should be filed for him. He's dead.

Follow the money. Who cashed the checks? Or are the funds just sitting there, waiting to be administered?

R

RayYanks15Author

Level 3

There was $30,000 in income so there must be forms to file.

sjrcpa

Level 15

The 2024 income should be reported on a 1041 for the decedent's estate.

Since no one transferred the account to the beneficiary, there probably were no distributions either. No distribution deduction = tax paid by estate.

Caveat- this probably doesn't apply if this is community property in a community property state. @BobKamman could weigh in on that.

The more I know the more I don’t know.

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