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  • 1.  Grantor trust filing requirements

    Posted 04-06-2020 02:21 PM
    Is form 1041 required to be filed for a grantor trust (different EIN than SSN of taxpayer)
    since income will be included in taxpayers 1040.

    Stay safe everyone.
    Arnie


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    Arnold Fink
    CPA
    ARNOLD FINK, CPA
    Commack NY
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  • 2.  RE: Grantor trust filing requirements

    Bronze Most Valuable Member
    Posted 04-06-2020 02:58 PM
    ​yes--if you have a separate FID# for the Grantor Trust then you file the 1041 and prepare the Grantor Letter from the 1041 which passes out the income and expenses to the Grantor.

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    Scott Sanders CPA
    GETTRY MARCUS CPA, PC
    Woodbury NY
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  • 3.  RE: Grantor trust filing requirements

    Posted 04-06-2020 06:36 PM
    Thanks to all.





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