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Am I wrong? I was thinking that once the grantee made the trust irrevocable, any tax burden passed to the trust. In this case, then, to the fiduciary who is als...
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It's an irrevocable grantor trust. The grantor is out of it. The trust is responsible for the taxes, i.e., the beneficiary, no? I think the trustee/beneficiary ...
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It's an irrevocable grantor trust . . . the fiduciary is the beneficiary, lives out of state. The trust is a member of an LLC. The LLC realized a capital gain, ...
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I have a client with a K-1 from a partnership. The partner is actually a family trust. The trust has never filed a tax return and the client has been treating t...
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Because the spouse was never present in VA. Never. Not one day. She remained employed at her job in TX the entire year.Only the taxpayer was in VA and those dat...
