Question
Received 1099 for Trust
Hi. In preparing a personal 1040 for a client I noticed she included a consolidated 1099 for a trust, named "(name) and (name) TTE
The (Names) Pres Trust
U/A DTD 04/28/2017"
2 trustees. Does this trust have to issue a 1041 and K1s, or can I split the divs and int between the 2 trustees? I know nothing about estates and trusts. But it does have its own EIN. TIA, Gary
