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December 8, 2023
Question

entertainment residuals from dead relatives estate

  • December 8, 2023
  • 1 reply
  • 0 views

As the beneficiary I receive residual payments from a dead relatives movie and television appearances. Do I declare this as income for Federal Taxes? Thanks for any info.

1 reply

Employee
December 9, 2023

Have you received or are you expecting to receive a tax reporting statement? 

 

Is the estate receiving the income and distributing it to you?

 

jcsgAuthor
December 9, 2023

Thanks for getting back!

I get end of year tax W-2s listed as "beneficiary"

Employee
December 9, 2023

Has this happened previously? Is this the first year you received a W-2?