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Posted

client received 1099B for unclaimed funds from nys for his mothers estate - which was closed in 2010.  The amt is 2792 for stock in Met life.  So the basis would have been at date of death...which would have been 1500 ~ 1600 ....... :dunno: :dunno:

 

file?....i guess i have to.  i don't want to. 

Posted

Was the 1099B issued to the estate's ein?  Who got the money?  Regardless of whose EIN or SSN is on the 1099B, I guess, I would simply put it on the return of the person that received the money with a note regarding nominee 1099 if need be.  I would not file a 1041 for an estate that was closed in 2010.

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