@garys_lucyl wrote:
Do not file Form 541 if there are no California fiduciaries, California noncontingent beneficiaries, or California sourced income.
It is in the disjunctive (OR), not the conjunctive, and note the negative ("if there are NO").
For example, if the trust had California sourced income, the trust would have to file a return if the income threshold was met, even if there were no California noncontingent beneficiaries or a California fiduciary.
Since you are a California fiduciary, that sentence has no applicability (i.e., you must file a return for the trust if it meets the other criteria).
