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Co-trustee income split
I am a co-trustee of a Trust which has a brokerage acct listed in my name as Primary trustee. The broker issued a 1099-DIV, the total of which is showing up in TurboTax as my income. I only want to report my share (1/6). How will the IRS treat that discrepancy?
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‎February 24, 2025
6:36 AM