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Posted

Client (husband) passed away in Dec 2023. He received 2 SSA-1099s. One showed $1919 in box 4 (benefits repaid) and $23,087.80 in box 5.The 2nd one showed $25,006.80 nothing in box 4. I am assuming that the correct amount to report is the net amount as shown on the first one, $23,087.80. But I am concerned how the IRS is going to handled this. I do not see anywhere in my tax software (Drake) to enter the amount in box 4. Am I missing something here?

Posted
18 hours ago, Lynn EA USTCP in Louisiana said:

There should be a date in the top right corner for the second, correct form. 

I guess I am getting old..missed that.  Thanks

Posted
On 2/16/2024 at 12:50 PM, artp said:

I guess I am getting old..missed that.  Thanks

Not necessarily. Those details run and hide until you ask for help, at which point they come out of hiding as if they had been there all along. 

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Posted

Such as clients who are starting to receive corrected 1099's with a different code or taxable amount and they have no idea what it is. (But, it was due by January 31)!  Of course, it was.

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