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Trust Tax Return
We have a Living Trust where my mother in law is the grantor, my husband is the beneficiary and I am the executor. We put rental property into the trust and then opened a LLC for that property. Do we add the income and expenses for that rental (Schedule E) on my husband and my personal taxes or do we have to file a Trust tax return? We do not have an EIN number. I keep getting conflicting information and want it to be done correctly on our taxes
March 26, 2024
4:16 AM