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  • 1.  Grantor Trust

    Platinum Most Valuable Member
    Posted 03-21-2025 08:17 AM

    I picked up a trust that has been filing returns for a few years. After reading the trust document, the trust is a grantor trust. I would like to correct it going forward, however, I don't know what to do about the estimated tax payments that were made.

    Looking forward to seeing you all at the "decompress" meeting................



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    Robert Brown
    CPA
    Adeptus Partners LLC
    Jericho NY
    516-364-4949
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  • 2.  RE: Grantor Trust

    Posted 03-22-2025 01:58 AM
    I believe that when you file the proper 1041 and no tax is due, the estimated tax payments will be refunded without you having to do anything



    Original Message


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