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Deductions & credits
what type of trust - simple, complex?. what type of property? what does the trust instrument say as to termination, distribution of assets, and whether or not the income is passed out to the beneficiaries since we don't know we can't answer. see a lawyer
also the trustee must file a tax return .
if the property is real estate, then the proper tax treatment can be quite complicated especially if it is rental property.
‎June 4, 2019
5:47 PM