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No, generally if the income and tax do not change you are not required to amend the tax return unless a specific exception applies. In many cases, the tax is paid by the trust before disbursement so you do not pay the tax- but keep a copy of the K-1 with your tax records.
No, generally if the income and tax do not change you are not required to amend the tax return unless a specific exception applies. In many cases, the tax is paid by the trust before disbursement so you do not pay the tax- but keep a copy of the K-1 with your tax records.
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