What year to report fiscal year K-1

[Patrick Michael]

I tried to Google this but can't find the answer and this always confuses me.  Client's mother passed away in November 2018.  Nothing happened with the estate until 2019.  Client filed his 2019 taxes in May and last week he received a 2019 K-1 with a fiscal year ending date 07/16/20.  Should I amend his 2019 return to include the K-1 or does it belong on his TY 2020 return?

Thanks.

[jklcpa]

The individual reports the K-1 income in the year that the K-1's fiscal year ends, so in your client's case, the K-1 activity for fiscal year end 7/16/20 would be reported on the individual's 2020 tax return.

[Patrick Michael]

Thanks Judy.  I get so few of these I can never remember of it's the starting or ending year.