Joel Posted April 7, 2010 Report Share Posted April 7, 2010 Client received a letter from the Personal Representative which included a "reconciliation of 1099's to return" stating that my clients share of the 1099-int from a bank CD. The entire amount was originally reported on the decedents SS number with monies allocated to the decedent and to the beneficiaries with none allocated to the estate. I understand this is a Transfer on Death situation but would have expected my client to have received more than this allocation statement. Is this normal practice? Quote Link to comment Share on other sites More sharing options...
Lion EA Posted April 7, 2010 Report Share Posted April 7, 2010 It's more than most of my clients bring in to me! Quote Link to comment Share on other sites More sharing options...
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