If real property is being transferred to a beneficiary and not sold, does the transfer have to be reported on the trust return or individual return of the beneficiary?
011669
1 Replies
M-MTax
Level 12
Apr 9, 2025 1:40:20 PM
Does not need to be reported if you're only distributing the property, which is the corpus of the trust (unless the trust is actually selling the property to the beneficiary).