turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Taxes for the year when trust is revoked

Do I have to submit 2023 tax forms for a trust that was revoked in May of this year? There will be no income, distributions, or 1099s.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
TeriH
Expert Alumni

Taxes for the year when trust is revoked

 A revocable trust, either a revocable land trust or revocable living trust, does not require a tax return filing as long as the grantor is still alive or not incapacitated.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
lramkumar
Expert Alumni

Taxes for the year when trust is revoked

 

Taxes for the year when trust is revoked

Owner passed away 7 years ago but all assets have been transferred to a different trust so initial trust has been revoked.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question