Accountant-Man
Level 12
06-27-2020
12:42 PM
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2) Yes, apportionment based on the period owned by the individual(1040) and trust 1041. I always report on the 1040 in this case because of the 1099s and then nominee out to the trust. Then 100% is reported for the IRS, but backed out.
Tell holder of the assets to fix it and use the EIN.
** I'm still a champion... of the world! Even without The Lounge.