Living Trust

[rcboykin1]

My wife has a Living Trust, do we have to file it separately or do we file with the rest of our normal taxes?

[MayaD · Accepted solution]

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.

[rtonini8ep2lj]

I file my living trust taxes separately and my trust has a separate tax id number...how do I enter my trust name on the tax form?

[rtonini8ep2lj]

I file a separate return for my trust...where and how do I enter the trust name on a tax return

[JohnB5677]

The trust will generate a K-1 that will be entered on your personal tax return.  This will provide the name and tax ID to be put in your return.