https://ttlc.intuit.com/community/taxes/discussion/trust-taxes/01/3103467#M1138920 <P>How is property in a living trust taxed (ie, 200k house, 25k car, etc.)?</P> Tue, 24 Feb 2026 07:37:28 GMT SandyMD 2026-02-24T07:37:28Z https://ttlc.intuit.com/community/taxes/discussion/trust-taxes/01/3103467#M1138920 <P>How is property in a living trust taxed (ie, 200k house, 25k car, etc.)?</P> Tue, 24 Feb 2026 07:37:28 GMT https://ttlc.intuit.com/community/taxes/discussion/trust-taxes/01/3103467#M1138920 SandyMD 2026-02-24T07:37:28Z https://ttlc.intuit.com/community/taxes/discussion/re-trust-taxes/01/3103489#M1138921 <P>Living trusts (aka revocable living trusts) are disregarded entities for federal income tax purposes.</P> <P>&nbsp;</P> <P>As such, the owner of the trust assets assumes any federal income liability.</P> Wed, 25 Oct 2023 16:43:21 GMT https://ttlc.intuit.com/community/taxes/discussion/re-trust-taxes/01/3103489#M1138921 Anonymous_ 2023-10-25T16:43:21Z