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dgd8927
New Member

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 Reply
AR_CPA2
Employee Tax & Finance Expert

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

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)

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