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1041 question

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)

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1 Comment 1
sjrcpa
Level 15

Those are nondeductible expenses on the tax return.

They may reduce Accounting Income.


Ex-AllStar