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Retirement tax questions
So, my situation is similar, but a little deeper. I have EQIP funds available, but the property is in an irrevocable trust and we do not have a farm or business on the property. Can I use this example when I file taxes for the trust to avoid the taxable income? I have $6k funds coming in and I'll be spending the full $6k for forest improvement.
‎April 25, 2024
9:52 AM