jmcnrick
Level 1
03-20-2021
06:17 PM
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The trust is filing it's final return. The trust is a NY resident but the sole beneficiary is not.
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Employee
03-24-2021
04:17 PM
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Please refer to the New York Fiduciary Information Worksheet , Part II Residency Information. The first box indicates the trust is a full year resident with non-resident beneficiaries. The box will check on the Schedule C for NY State but that means they are a NONRESIDENT. It might look like it's for a resident, but the description above the table indicates a checked box means not a resident of that state or city.