@taxmaze314 wrote:
From things I read last year, I recall that the IRS wants the method to be consistent from year to year. It seems like a wise request especially for those of us doing our own returns.
Yes, except that does not always occur (nor is it possible) when trustees have almost unlimited discretion by virtue of the terms of the trust.
Regardless, provided you are following the terms of the trust and state law (i.e., carrying out your fiduciary duties), there is little with which to be concerned as trustee.
