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.
1 Use estate funds to pay continuing expenses. 2  The executor may need to pay, for example, utility bills, mortgage payments, and homeowner's insurance premiums. 3  Pay debts. 4  If there is a probate proceeding, the executor must officially notify creditors of it, following the procedure set out by state law.he law does not require an executor (also called a personal representative) to be a legal or financial expert, but it does require the highest degree of honesty, impartiality, and diligence. This is called a fiduciary duty -- the duty to act with scrupulous good faith and honesty on behalf of someone else.