Form 1041 Filing question.

Form 1041 Filing question.

文章greglazor » 週六 4月 21日, 2018年 3:46 pm

Hi everyone,

A trust has always paid any taxes due at the end of the year rather than make k-1 distributions. Now they want to issue K-1's instead of having the trust pay the taxes.
My question is can this be done? I had in the back of my mind that you can not switch back and forth.

Your input would be helpful.

I did not find the right solution from the internet.

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