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re: Logistics of Stimulus Check Revealed
Posted on 3/26/20 at 6:51 am to Mo Jeaux
Posted on 3/26/20 at 6:51 am to Mo Jeaux
Sorry, I’m a trust beneficiary- family farm trust that generates some income. I really need to pull out my taxes and look- seems like I paid for earnings in the trust and then had to pay on my individual for the distributions of those earnings to me??? Would that make sense? We’ve only had the trust a few years so I’m not too brained when it comes to it.
1
Posted on 3/26/20 at 6:54 am to piggilicious
Yes, I would think that generally the income received from the trust would be reported on your personal income tax return.
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