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posted Oct 30, 2024 2:45:52 PM

I recently established a revocable trust that I funded, I am the executor and the beneficiary, how does this change my filing process

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1 Replies
Employee Tax & Finance Expert
Oct 30, 2024 2:53:50 PM

Hello dgd8927,

 

Any income from your revocable trust will be entered into your personal return. You do not have to file a separate return for this trust as long as you are alive.

 

Thanks for participating in TurboTax's Ask the Expert event today. I hope this information was helpful!

Have an amazing day.

AR (CPA 10+ years)