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the only difference in this case is that the grantor is not the trustee, the trust was set up to protect the money in case of medicaid look back in a few years.
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did I misinterpret Option 1 - thought it was saying to do an information only 1041, putting the income information on the grantor's 1040. Are you saying not to...
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If I am understanding this correctly, we would file an informational 1041 with no income reported and no K-1 issued to the grantor, I would input the informatio...
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If I am understanding this correctly, we would file an informational 1041 with no income reported and no K-1 issued to the grantor, I would input the informatio...
