@DJFD
Thanks for joining us today. You don't say what type of trust this is or the nature of the lease. Which could have lead to complications should you ever choose not to file a joint return. However, as long as you are filing jointly it should not have any federal tax consequences. I don't know your state of residency as some states to have different ways of calculating taxes and you could file separately in some states while filing jointly on the federal.
So in short you are be okay for federal as long as you continued to file jointly and if you live in a state with no income tax. However for a better answer if you want to give some additional details of type of trust/lease/state of residency we could better define your answer.
Thanks for attending today!
Janet CPA
