My brother gave me some trust funds ($15000), for which he intended to claim a tax deduction.
He then realized that he could not claim the deduction. So do I still have to report this as TRUST FUNDS or something else?
Hiya @deshotel,
If you received a distribution from a trust it needs to be declared in your tax return.There is information on our website on how to declare income from a trust.
Hiya @deshotel,
If you received a distribution from a trust it needs to be declared in your tax return.There is information on our website on how to declare income from a trust.
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