Natasha
Level 3

Hi All,

I need help with trust tax returns. Never worked with trusts before.

Living trust was created back in April 2020, grantor died in June 2020. Residential property was sold in 2021. Nothing else beside the residential property was in the trust. Should I file original grantor trust return in 2020, than another return for 2020 as a simple trust after grantor's death and final simple trust in 2021 reporting sale of the property?

 

 

0 Cheers