Taxpayer A creates JWROS account with major mutual fund house with B, C all funds from A, others do not comingle or withdraw. any funds. A pays taxes like clockwork in her SSN etc, A passes.
B and C take the account and split it 50/50 as was A's intent , several months later. Close out account.
Not even close to a Federal estate tax and all state taxes paid in full , A has filed a tax return, all taxes thru DOD addressed/paid Not a dime of assets in decedents sole name /title --accurate state return as well for decedent
There are legitimate gains and income post DOD and not an attempt to end run taxes due.
Of course all the 1099's come out in decedants name and SSN.
What is easiest way to nominate the income 50/ 50 to the respective B and C
A 1098 and detailed 1099 to show where each fund or line item in original 1099 went?