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- Re: trust for taxpayer in assisted living
trust for taxpayer in assisted living
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Sue5
Level 2
07-13-2020
01:09 PM
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Hi I have a client in assisted living. Family stated a trust (1041),
They sold her house - am I able to take the home sale exclusion since she lived in her home until she entered assisted living,
Also is her assisted living able to be deducted on a trust,
Thank you in advance,
Sue Murtha
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1 Comment 1
sjrcpa
Level 15
07-13-2020
01:10 PM
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What kind of trust?
Who owned the house at time of sale?
The more I know, the more I don't know.
