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Posted by D. Stussy on March 27, 2008, 6:35 pm
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> received 1099-B in deceased mother's name and ss#. She passed away a
> couple years ago. This was an account in her name and two of her
> children's names. Does it matter her SS on the 1099? Can the kids
> just divide up the items on their respective returns?
Short answer: Yes.
Longer answer:
1) Nominee 1099-B's should have been prepared and filed (due to IRS in
February), OR
2) The broker should issue corrected 1099-B's.
Did you ever tell the broker that she died?
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