Thank you to everyone who replied to my previous question. My current question pertains to a single beneficiary irrevocable trust. The beneficiary is in a lower tax bracket than the trust and wishes to pay the taxes associated with the trust income on their personal return. I'm wondering if the IRS mandates that the K-1 distribution to a beneficiary must be withdrawn from the trust or if the trustee can choose to leave the K-1 distribution in the trust?
