Living Trust
My wife has a Living Trust, do we have to file it separately or do we file with the rest of our normal taxes?
My wife has a Living Trust, do we have to file it separately or do we file with the rest of our normal taxes?
You are not required to file a separate tax return. If you receive income from trust assets, you would report this on your individual return. The assets, however, remain under the ownership of the trust.
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