How to File a Trust Return

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If the type of trust is a grantor trust, it should have the "Grantor type trust" box checked on Form 1041, field A "Type of entity." Grantor trusts use Form 1041 as a transmittal form for the return, and all of the income, deductions, etc. are reported on each grantor's Form 1040. The fiduciary is required to supply each grantor with a summary (a.k.a. grantor letter) of his/her share of the income, deductions, etc. to enable him/her to complete Form 1040. The grantor letter serves as a substitute for Schedule K-1. See the topic Grantor Trusts for more information.

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