SwimDad
Level 3
12-07-2019
01:33 AM
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Father passes away and oldest son is tasked will closing accounts, selling house, etc. Trust is to pay him $10k so he writes himself a check. Since this involves a transaction with in the family does my tax client need to claim this as income on his return? If so, assume line 21 on Schedule 1 would be the place to do it or is there a better methods?
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