Form 1041

[imacpa76]

For the state filings of a 1041, is the requirement that the state filing is only for the state that the trust/estate was created in?  Or the state returns must be created for each state that the beneficiaries reside in?

[pk]

@imacpa76  at the entity level -- you file only for the State where operating / registered.  The beneficiaries recognize the  K-1 at their state level  return.

The 1041 is an entity level return along with the K-1 s issued to the beneficiaries.

I am not an expert on this , but this is my understanding of how things operate

Does this make sense ?