Must I file a tax return for an irrevocable living trust?

DR--G — Mon, 03 Jun 2019 17:18:43 GMT

Must I file a federal tax return for a irrevocable living trust that me & my wife are the grantors? We only have our primary residence in it, nothing else.

Since the trust appears to be a grantor trust with its on...

Anonymous_ — Mon, 03 Jun 2019 17:18:44 GMT

Since the trust appears to be a grantor trust with its only asset being your primary residence (i.e., no income is being generated by the trust), then you most likely do not need to file a return for the trust.

Regardless, if you actually needed to file, you could use one of the optional filing methods outlined in the link below.

See https://www.irs.gov/instructions/i1041#idm140376241113280

topic Must I file a tax return for an irrevocable living trust? in Get your taxes done using TurboTax

Must I file a tax return for an irrevocable living trust?

Since the trust appears to be a grantor trust with its on...