topic Re: trust with an EIN number in Get your taxes done using TurboTax

trust with an EIN number

joanne s — Wed, 11 Feb 2026 05:08:36 GMT

I formed a trust in 2023 with the intention. of putting 2 properties in it. I do have an EIN # and did get the IRS letter stating to file a 1041.

I have not put anything in the trust as of today. Do i need to file anything?

Joanne

Re: trust with an EIN number

ThomasM125 — Thu, 28 Mar 2024 03:01:44 GMT

From the instructions to Form 1041, you may not need to file the trust tax return since you don't have any taxable income for the year and you have less than $600 in gross income:

You can find the instructions here: Instructions to Form 1041

Re: trust with an EIN number

Anonymous_ — Fri, 29 Mar 2024 15:05:57 GMT

Also note, for future reference, that if this is a grantor trust, you have filing options.

See https://www.irs.gov/instructions/i1041#en_US_2023_publink1000286018