Can I use turbotax Home and business to pay taxes on money put into a trust?

jayner — Mon, 23 Feb 2026 09:47:00 GMT

Re: Can I use turbotax Home and business to pay taxes on money put into a trust?

Anonymous_ — Mon, 30 Jan 2023 03:59:40 GMT

Putting money into a trust is generally not a taxable event.

If the trust is a grantor trust and earned income, that income can be reported on your individual income tax return (as grantor trusts are disregarded entities for federal income tax purposes).

See https://www.irs.gov/instructions/i1041#en_US_2022_publink1000286018

topic Can I use turbotax Home and business to pay taxes on money put into a trust? in Business & farm

Can I use turbotax Home and business to pay taxes on money put into a trust?

Re: Can I use turbotax Home and business to pay taxes on money put into a trust?