distribution upon death to a foundation

[Earl]

is the 1099 issued to the foundation with the tax ID in the payee #?

or is it just issued to the dead person and the final tax return gets a deduction (presumably)?

thanks

[mbozek]

If the foundation is the beneficiary then the plan will pay the foundation after receiving the appropriate executed tax form (W-9) with the tax ID of the foundation. The 1099 is sent to the IRS containing the information from the w-9.

why would the 1099 be issued to the estate of the employee if the payee is another taxpayer?

[Earl]

Well, because I was thinking of how to do it mechanically and thinking that my 1099 program would want a SS# (with 2 dashes) rather than an EIN (with 1 dash).

So I was wondering if that was because an EIN was not ok (and thus a non-person was not ok).

But you convinced me. I will find a way to do it. and I thank you.