The Living Trust used my father's SS number because it was revokable and that is common practice. My Family Trust is the same way. I hired several attorneys and a CPA to advise on the trusts and prepare the 706 estate tax submission last year. The structure of the Trust is pretty well defined by the Trust document. All Major assets were in the Trust, personal possessions etc not in the trust pass to his wife (my mother), and there was a pourover will as part of the Trust.
My question is how to handle the tax reporting for Nominee distributions in Turbotax. If the 1040 program could issue a 1099-B for the recipient it would be easy (Turbotax doesn't handle this)
Respectfully
Paul
