form 1041 education trust

[wayne]

client files form 1041 for a trust with 2 beneficiaries. trust paid out $800 in 2007 for tutorial assistance for minor child which according to the trust document is allowable. does the $800 paid for education show up on the form 1041 in schedule B? what about the filing of a K1

[Koss]

Type of trust?

First you need to determine whether the amount in question was paid out of income or principal...

or maybe you don't need to determine that.

Is this thing a revocable living trust in which the grantor and the trustee are the same person?

Burton