Information for tax year 2015 is now available. Unemployment compensation is taxable income and must be reported each year even if you have repaid some or all of the benefits received. You should use the same PIN that you used to certify or inquire on your unemployment claim to access your IRS Form 1099-G for UI Payments.
Report Abuse. yes a beneficiary can act as an executor, usually one is appointed by probate attorney, by family of deceased, or it may be stated in the deceased persons will. Remember, the executor must remain neutral and decisions made on behalf of the estate.es you can. This is actually recommended. The only time that an executor who is not a beneficiary should be named is if a beneficiary is under the age of 18 because someone under this age cannot inherit his/her share until they reach 18.
A person named as executor of a will is responsible for carrying out someoneâs wishes about how his property is dispersed after death. The person making the will chooses the executor and names him in the will. He can appoint an individual or an institution, such as a bank or trust company, to act as executor.he executor must locate the decedentâs assets, file the will in probate court if necessary, notify agencies of the death, establish a bank account in the name of the estate to accept incoming funds and pay expenses, and distribute remaining property to beneficiaries and heirs.