What is the name of your state?NC
My father died last year. He was 83 yrs old. No spouse involved. The children rec. his 401k from the estate. I am trying to find out if we need to claim this on our tax return. I'm getting conflecting advice. Some say a return needs to be made in my father's name. Some say we have to add it to our return as income(1099). Any advice??
Robin
My father died last year. He was 83 yrs old. No spouse involved. The children rec. his 401k from the estate. I am trying to find out if we need to claim this on our tax return. I'm getting conflecting advice. Some say a return needs to be made in my father's name. Some say we have to add it to our return as income(1099). Any advice??
Robin