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sjwrona
New Member

As a Protector of a Trust, I earn 1/4ly payments from that trust. I did not get any paperwork but I know I need to file payments as income. Not sure what form to use

 
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2 Replies

As a Protector of a Trust, I earn 1/4ly payments from that trust. I did not get any paperwork but I know I need to file payments as income. Not sure what form to use

Report as "Other Income".

As a Protector of a Trust, I earn 1/4ly payments from that trust. I did not get any paperwork but I know I need to file payments as income. Not sure what form to use

"Not sure what form to use"

Assuming you are not a professional fiduciary, the total payments for the tax year will wind up on Line 21 of Schedule 1 of your Form 1040 (as Other income).

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