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April 12, 2025
Question

do i need to file a 1041?

  • April 12, 2025
  • 1 reply
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irrevocable trust was started in 2024 but completed in jan 2025?

    1 reply

    April 12, 2025

    It depends. If the trust earned $600 or more in taxable income in 2024, then a return must be filed. If the taxable income is less then the return is not required for 2024.

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