Question: Joan died April 17, 2014. Joans executor chose March 31 as the tax year end for the estate. The estates only beneficiary, Kathy, reports on

Joan died April 17, 2014. Joan’s executor chose March 31 as the tax year end for the estate. The estate’s only beneficiary, Kathy, reports on a calendar year. The executor of Joan’s estate makes the following distributions to Kathy:
June 2014 …………………………. $5,000
August 2014 ………………………. 10,000
March 2015 ……………………….. 12,000
August 2015 ………………………. 14,000
The 2014 and 2015 distributions do not exceed DNI. How much income should Kathy report on her 2014 return as a result of the distributions from the estate? On her 2015, return?

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