This message has been cross posted to the following Discussions: NASSAUSUFFOLK and Federal Tax .
-------------------------------------------
1040 client (single) passed away in 2014. He was a retired salesman and receiving a payout from his employer on a 1099-MISC in Box 7, Non-employee compensation, which was subject to SE Tax. monies continued to be paid in 2014 and will continue for about 2 more years. On the Trust return, how do you report this? Should it not be subject to SE tax, either on the Trust return or to the beneficiaries through the K-1s?
------------------------------
Neil Fishman CPA
FISHMAN ASSOCIATES CPAs PA
Boynton Beach FL
------------------------------