interest earned in a trust

Is $200 interest earned in a irrevocable trust at final distribution taxable

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Yes, the beneficiaries would receive a Schedule K-1 from the Trust's tax return (Form 1040) and report their K-1 on their own Individual Income Tax Return (Form 1040) for their share of the interest and other income of the Trust.

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My mortgage form 1098 shows we paid $7,546.79. There are 2 of us, so I paid $$3773. How do I enter the $35.29 (half of 70.58) earned interest on Escrow?

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