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posted Jan 18, 2023 3:39:55 AM

Money you get from your trust each month

The trust is setup that my trustee handhelds the investment. I get each month money from the investment. wired form the investment firm. I have never received any tax documents on how much I get each month a total to put into turbo-tax. Would I have to add this up on my own? what form should I use?

 

Thank for the help.

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1 Best answer
Level 15
Jan 18, 2023 7:39:33 AM

Contact the trustee and inquire. 

 

You should be receiving a K-1 (Form 1041) each year if this is a typical trust.

1 Replies
Level 15
Jan 18, 2023 7:39:33 AM

Contact the trustee and inquire. 

 

You should be receiving a K-1 (Form 1041) each year if this is a typical trust.