My FIL passed away in March 2024. My MIL is still living but is incapacitated, so my husband and his sister hold financial POA for her. They handled most of FIL's estate but never contacted his former employer's benefits center. As a result, his pension has continued to be deposited for the past 18 months.
Yesterday, I contacted the benefits office and reported his father's death and faxed them the death certificate and POA paperwork. Among other things, they will initiate a pullback of the overpaid pension.
Should we expect (request?) a revised 1099-R for 2024? Or would they issue a 1099-R with negative amounts for 2025?
Posted by Roborana
1 Comment
look into *Claim of Right – IRC 1341*