g15040
New Member

Deductions & credits

Complex - 1/3 at age 21 and remaining at age 25.  She is currently 19 and sole beneficiary.  Property is not rental and currently vacant, and is currently in escrow, although there is an easement to the property making it difficult (whole other issue).  Income includes property and liquid assets. Trustee is willing to either submit for a K1 or file with the trust, and requesting that beneficiary make the decision as to which.