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Charitable donations on behalf of Trust, and K1 reporting
Last year the Trustee of my mother’s estate provided a K1 that reported 0 taxable income or directly apportioned deductions. Although he claimed that $60,000 in in-kind donations were made to various nonprofits, he did not report any charitable deductions on the Trust’s 2023 tax return. I have been asking about this, and now he claims he decided it was more appropriate for the beneficiaries to take the deductions. Except 1) he failed to communicate that to me until just now, and 2) I thought Trusts could not pass through charitable contributions. Suggestions?
2 weeks ago