Estate and Trust

• Income of Deceased^
• (Reported under the Social Security Number or EIN Number)
• Interest and Dividends (1099-INT & 1099-DIV)

• Savings Bonds (Interest to date of death, Interest after date of death if cashed)
• Stock Sales/Mutual Fund Sales (1099-B)
• Business Income
• Rental Income
• Annuities (1099-R)
• IRA Distributions (1099-R)
• Tax Free/Municipal Bond Interest (Reportable, no Federal Tax will be on year-end statement)
• ^Income needs to be divided into Pre-death and post-death income if first year of trust or estate.

• Closing Statement-Sale of House
• Other expenses of sale
• Date of Death Value of House (alternative valuation date if elected)
• Listing of expenses to maintain house after date of death
• Listing of capital improvements to house after date of death
• Stock Sale
• Mutual Fund Sale
• Redemption of
• Tax Free Bonds

Treasury Notes/Bills

• Date of Death Value (alternative valuation date if elected)
• History after death-stock splits, dividend reinvestments, etc.
• Sale settlement sheet
• Year-end settlement (1099-B)

• Attorney fees
• Accounting fees
• Executor fees
• Taxes paid

1. Real estate taxes (if home in trust or Estate)
2. Prior year trust or estate income taxes
3. Trust or estate estimated tax paid, if any. 

• Charitable contributions from estate or trust
• Home expenses (if home in estate or trust)

1. Utilities
2. Repairs
3. Home maintenance (e.g. lawn care)

• Asset fees-brokerage account fees
• Other expenses that may be deductible