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Get your taxes done using TurboTax
The return you are filing now is for INCOME tax purposes to report the income received by the estate/trust and that income is either passed thru to the beneficiaries to be taxed on their return or it remains on the trust/estate return and paid at the trust/estate level. What is actually distributed and to whom is immaterial for the form 1041.
March 1, 2022
7:51 AM
739 Views