If another person acquires the interest, that person generally must include in gross income the earnings portion of the distribution. If the decedent's estate acquires the interest, the earnings on the account must be included on the final income tax return of the decedent. If a Roth IRA owner withdrew an amount from a traditional IRA in 1998 and converted it to the Roth IRA, any amount the owner had to include in income as a result of the withdrawal was included ratably over the 4-year period beginning with 1998, unless the owner elected to report the full amount in 1998. If the owner dies during that 4-year period, any amount not previously reported must be included on the decedent's final return unless the owner's surviving spouse receives the entire interest in all the owner's Roth IRAs and chooses to continue reporting it ratably. For more information, see Roth IRA under Final Return for Decedent.
Medical savings accounts.
If the decedent's estate acquires the interest, the fair market value of the assets in the account is included on the final income tax return of the decedent. Consistent treatment of estate and trust items. Beneficiaries must generally treat estate items the same way on their individual returns as they are treated on the estate's return. It usually takes 30 days to get it. An ITIN is for tax use only.