Legal Question in Wills and Trusts in North Carolina

Re: taxes

The party whose SS# is on the account receives the 1099. If this is the decedent, the estate pays the tax and the survivor receives the account proceed, provided it is a joint account.

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Re: taxes

Until the account is re-registered, the taxes are paid according to the original social security number on the account. I do not know how this was treated in the past by the joint owners. If the decedent's SS# was not on the account, and the survivor's was, that would seem to be the control the answer. More information on whose number was on the account and how the interest was treated in prior years is needed to give you a better answer.