Trust Question

[gman]

Taxpayer is in nursing home and daughter has moved most of Mom's CD's into a trust.
She said someone told her interest could be added to Moms personal return. Trust has it's own seperate ID # and I was planning to prepare the Trust return. Anyone heard of putting trust info on personal.

Maybe trust ID # could also be social of Mom. ???

[JCH]

Gman, you'll need to find out what kind of trust she has. Ask for a copy of the trust instrument and also ask if there's a separate trust FEIN. Good luck.

[gman]

thanks

from the 1099's it does appear that it has it's own EIN # and specific trust name.

[Burke]

It could be a revocable living trust and if so, it is a disregarded entity. All income goes on personal return even if it shows EIN. If it is another kind of trust, then that is a horse of another color. Get the trust document.