JJStephens Posted April 10, 2015 Report Share Posted April 10, 2015 Client's brother is administering their deceased mother's estate. The bank paid more than $800 in interest to the brother who split it with his sis (my client). He wants her to claim her share and is showing a nominee entry on his return for his share. I used to be able to override Sked B to record a nominee entry ... but no more. How do I record it now? Line 21 other income? Quote Link to comment Share on other sites More sharing options...
JMovichEA Posted April 10, 2015 Report Share Posted April 10, 2015 Enter the total in box 1 in the interest input sheet, then in in the box just below - adjustment to box 1, enter the amount to the nominee, and in the code box next to it select code 'N' nominee, it will subtract that amount on Sch B. (I'm assuming you use ATX) 1 Quote Link to comment Share on other sites More sharing options...
JJStephens Posted April 10, 2015 Author Report Share Posted April 10, 2015 Now why didn't I think of that?!?!? Thanks. 1 Quote Link to comment Share on other sites More sharing options...
joanmcq Posted April 11, 2015 Report Share Posted April 11, 2015 I don't think you put it in as -. Just the amount nomineed Quote Link to comment Share on other sites More sharing options...
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