Brainstrom
Level 4
05-16-2022
12:53 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I am guessing that she did not want to pay tax on the sale, so she set up a trust to put the money into. Just like rolling over an IRA instead of cashing in and paying taxes.
Please correct me if I am wrong!!! This one is over my head.
If she does have to claim it personally I put this on a Schedule D?