Do I have to submit 2023 tax forms for a trust that was revoked in May of this year?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.
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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.
Owner passed away 7 years ago but all assets have been transferred to a different trust so initial trust has been revoked.
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