TaxGuyBill
Level 15
09-19-2022
06:23 PM
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Now that I think about it, because the Trust legally SHOULD have the assets, this probably would be "nominee" income. If that is the case, yes, all of the Trust returns should be filed if there is enough income for each year. And I suppose you would need to amend the 1040s to remove them directly from 8949 to entering the K-1s. Sigh.