Which Trusts Must File A Tax Return

Which Trusts Must File A Tax Return

WE CANNOT ANSWER THAT. The most important factor is whether or not lawful money was redeemed. All trusts which have income over the IRS minimum trust filing requirement (e.g. $600), will result in filing a tax return. If one has not redeemed in lawful money, contact a CPA to learn each trust’s tax liability.

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