My husband and I created a family trust in 2018 and placed many of our assets in the Trust. Is there something that we should do different in completing our taxes?

[suzyegreen]

For instance, we received a 1099-INT in the name of the trust for some of our accounts.  Do we just report that interest income as our own since my husband and I are the trust managers?

[tagteam · Accepted solution]

" Do we just report that interest income as our own since my husband and I are the trust managers?"

Yes, provided the accounts have your and/or your husband's social security numbers rather than the trust's EIN.

See https://www.irs.gov/instructions/i1041#idm140630131849312