kufarae
Level 1

a disabled adult child is the beneficiary of a simple trust.  They live in a condo owned by the trust. Can the trust deduct the HOA fees and insurance and if so where in the program (1041)

0 Cheers
sjrcpa
Level 15

Those are nondeductible expenses on the tax return.

They may reduce Accounting Income.


The more I know the more I don’t know.