You'll need to sign in or create an account to connect with an expert.
Contact the trustee.
Distributions to beneficiaries of liquidating trusts are generally not taxable. However, beneficiaries should receive a grantor letter detailing any items of income, gain, loss, deductions to include on their returns.
Contact the trustee.
Distributions to beneficiaries of liquidating trusts are generally not taxable. However, beneficiaries should receive a grantor letter detailing any items of income, gain, loss, deductions to include on their returns.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
main0stage
Level 3
khibbert95
New Member
epicsunnydrr
New Member
msulimo
New Member
JR500
Level 3