Jason E. asked
An irrevocable trust (with its own EIN) receives 1099s for dividends, interest, and capital gains (all of which were not distributed and retained within the trust). In order to pass the responsibility for those taxable events to the appropriate beneficiary and/or grantor, does the irrevocable trust issue out 1099s or K-1s?
January 23rd, 2023
Johnny D. answered
For an irrevocable trust, all of the tax information will be distributed to the beneficiaries via K-...
January 23rd, 2023
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