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swacpa
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  • Thank you for taking the time. There are other beneficiaries. It would be nice to treat some of the distribution as a donation. Do you think if the trust genera...
    swacpa
    1
    Jan 03, 2025
  • Thank you for your response. The trust has generated income over the years but it really looks like a distribution of trust principal. There is not much wording...
    swacpa
    Jan 03, 2025
  • Hello, I was wondering if in a Trust document, the trust had a non-for-profit organization as a beneficiary, could you claim those as a donation on form 1041 to...
    swacpa
    5
    Jan 03, 2025
  • HelloThanks everyone for your thoughts. He did have material items missing so we were not sure he would be close plus he did not have any funds. Unfortunately h...
    swacpa
    Nov 11, 2024
  • Hello I have a client that owed $200,000 at extension time 2022 and did not have the funds to pay the tax. We extended his return. Come October 15 2023, he only...
    swacpa
    5
    Nov 11, 2024
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