I have a pension, social security and RMD on my IRA do I have to do a 1040 and a 1041
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"Do I need to put my investment income on a 1041 rather than a 1040?"
No, since the type of trust you have is almost certainly a revocable living trust (aka, grantor trust), the trust is treated as a disregarded entity for federal income tax purposes (if you have something else, the drafter of the trust should be able to inform you).
As such you can report your income, deductions, etc., on your Form 1040 rather than Form 1041. The rules can be found at the link below.
"Do I need to put my investment income on a 1041 rather than a 1040?"
No, since the type of trust you have is almost certainly a revocable living trust (aka, grantor trust), the trust is treated as a disregarded entity for federal income tax purposes (if you have something else, the drafter of the trust should be able to inform you).
As such you can report your income, deductions, etc., on your Form 1040 rather than Form 1041. The rules can be found at the link below.
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