Must I file a tax return for an irrevocable living trust?

[DR--G]

Must I file a federal tax return for a irrevocable living trust that me & my wife are the grantors? We only have our primary residence in it, nothing else.

[Anonymous_ · Accepted solution]

Since the trust appears to be a grantor trust with its only asset being your primary residence (i.e., no income is being generated by the trust), then you most likely do not need to file a return for the trust.

Regardless, if you actually needed to file, you could use one of the optional filing methods outlined in the link below.

See https://www.irs.gov/instructions/i1041#idm140376241113280