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For instance, we received a 1099-INT in the name of the trust for some of our accounts. Do we just report that interest income as our own since my husband and I are the trust managers?
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" Do we just report that interest income as our own since my husband and I are the trust managers?"
Yes, provided the accounts have your and/or your husband's social security numbers rather than the trust's EIN.
See https://www.irs.gov/instructions/i1041#idm140630131849312
" Do we just report that interest income as our own since my husband and I are the trust managers?"
Yes, provided the accounts have your and/or your husband's social security numbers rather than the trust's EIN.
See https://www.irs.gov/instructions/i1041#idm140630131849312
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