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1099 for deceased employee's final paycheck
June 15, 2023
Q. What exactly do I have to report on the 1099 for a deceased employee, his last paycheck went to an estate with no deductions? Do we as the employer need to report his life insurance? This was paid directly to the estate as well.
A.
(Answered by IOFM's third-party tax experts)
There is a complete explanation by the IRS, including an example, on pages 2 and 3 of the "Instructions for Forms 1099-MISC and 1099-NEC" which you'll find on the IRS website…
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