If you had a loved one who died last year, you may be faced with the need to file taxes for an estate or a trust. When a ...

Typically, a trust must file a separate income tax return for each calendar year. However, for most grantor trusts, filing a separate tax return is optional. The general rule and the alternative ...

Split-interest charitable trusts are required to file the form required by the Secretary of the Treasury each year. Historically this has been Form 1041-A, Trust Accumulation of Charitable Amounts.

Individuals and sole proprietors who are not ready to submit Form 1040 can file Form 4868 to receive an automatic 6-month extension. C-Corporations and LLCs taxed as corporations can file Form 7004 to ...

I have a simple Trust left to me by my father upon his death. He left a simple trust and I received $90,000 from it. I used $60,000 to payoff my mortgage. Will I be required to pay taxes on any of ...