maglib
Level 10

Business & farm

yeah but the tax rate of a trust vs. individual and is there not an issue with distributions?  Trustee is a big bank paid withm my mom non-paid and gets a copy of the return annually.... they should bear some liability.  I would think the bank trustee should have been preparing the k-1....  I'm going to research more as if the grantor info letter was sufficient in her case or not.  Thanks for all your time.  
**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.