PatriciaV
Expert Alumni

Get your taxes done using TurboTax

Yes, the trust must file Form 1041 (available using TurboTax Business). The return will include Schedule K-1 to report income to the beneficiaries. You'll use that information to report the trust income on your personal Form 1040 tax return.

 

TurboTax handles reporting the Trust income from your K-1 on the related forms in your return. Simply follow the interview through all the tax topics.

 

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