Ivan Melnik passed away unexpectedly at the age of 62.Which of the following of Ivan's income items can be reported on a Rights or Things Return?
A)Dividends declared before the date of death but not paid prior to Ivan's passing.
B)Salary for the pay period ending after the date of death when some of the days were worked prior to passing.
C)Salary for the pay periods paid to Ivan prior to his passing.
D)Interest on Ivan's bank account.

Question

Quizplus · Accepted Answer

Only dividends declared before the date of death but not paid prior to Ivan's passing can be reported on a Rights or Things Return. The other options are not eligible as they are either paid during Ivan's lifetime (salary) or not considered a right or thing (interest on bank account).

Ivan Melnik Passed Away Unexpectedly at the Age of 62