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Get your taxes done using TurboTax
The trustee of the trust is the one who determines and requests distributions to be made from the IRA to the trust, but that's not really relevant to how the income that is received and distributed is required to be reported. The trustee of the trust has a fiduciary responsibility to request appropriate RMDs, but "appropriate" depends on the circumstances and the reason that the trust was made the beneficiary.
‎June 23, 2022
5:03 PM