I am a beneficiary of an irrevocable trust, and I received distributions, but the trustee did not issue a K-1 to me. I've kept this money in my savings account, earning interest. The interest earned is reflected in the 1099-INT my bank issued to me. Do I need to do anything in my taxes to report receiving principal from this trust? Is it sufficient to just report the interest i've earned with it by entering my 1099-INT info in my tax return?
