maglib
Level 10

Business & farm

yeah but never a 1041 filed....  only the grantor tax letter... and always taxed at individual level on all income of the Trust.   What are your thoughts on do we just start filing a 1041 for the 1st time and go forward?
**I don't work for TT. Just trying to help. All the best.
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I am NOT an expert and you should confirm with a tax expert.