Skip to main content
Level 1
Mar 9, 2022 9:41 PM UTC
Solved

Living Trust

My wife has a Living Trust, do we have to file it separately or do we file with the rest of our normal taxes?

    MayaDAnswer
    Alumni - Intuit
    Mar 9, 2022 9:48 PM UTC

    You are not required to file a separate tax return. If you receive income from trust assets, you would report this on your individual return. The assets, however, remain under the ownership of the trust.

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

    4 replies

    MayaDAnswer
    Alumni - Intuit
    Mar 9, 2022 9:48 PM UTC

    You are not required to file a separate tax return. If you receive income from trust assets, you would report this on your individual return. The assets, however, remain under the ownership of the trust.

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    Level 2
    Apr 6, 2022 3:18 PM UTC

    I file my living trust taxes separately and my trust has a separate tax id number...how do I enter my trust name on the tax form?

    Level 2
    Apr 6, 2022 3:20 PM UTC

    I file a separate return for my trust...where and how do I enter the trust name on a tax return