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I have a revocable trust for my son. It is less than $2,000.00 @ earned less than $150.00 , am I required to file a tax return?
I started The trust over 5 yrs. ago, just $2,000.00 and did not file any tax yet. The trust earns less than 150.00, was told by someone who does tax returns that I don't have to filel
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June 4, 2019
2:48 PM
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Get your taxes done using TurboTax
Correct ... if the trust made less than $600 it is not required to file a return.
June 4, 2019
2:48 PM