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Mortgage Interest Statement for Estate and Cancellation Debt Statement for Deceased

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    Mortgage Interest Statement for Estate and Cancellation Debt Statement for Deceased

    Sole beneficiary of the Estate received Mortgage Interest Statement for 2020 under the "Estate of the deceased" with deceased Tax ID# and had a Trust with Life Estate. House sold in 2020 and no Trust Tax Return filed. Does the Sole beneficiary get to deduct the Mortgage Interest paid on his 2020 personal tax return?

    Cancellation of Debt Statement for 2020 for deceased who passed in 2019. Does beneficiary have to include cancellation of debt in his 2020 personal tax return?

    #2
    Cancellation of Debt issued in 2020 for deceased in 2019 does not have to be reported by bene on personal return. Who had the Life Estate? Was this a Rev Living Trust originally? Was house titled in the trust?

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