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Get your taxes done using TurboTax
@pdquin52 wrote:
....there are no investments in the trust. Do I have to file a 1040 along with the 1041 ?
Probably not since it is most likely still a grantor trust and you did not apply for (and have) an EIN.
See https://www.irs.gov/instructions/i1041#idm140366310230464
There is also an income threshold before a trust is required to file a 1041.
See https://www.irs.gov/instructions/i1041#idm140366311406240
‎December 31, 2020
7:45 AM