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How do I get a refund to the grantor trust of taxes paid in error?

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Level 1
last updated ‎December 07, 2019 9:42 AM
 
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4 Replies 4
Highlighted
last updated ‎December 07, 2019 9:42 AM
Would the refund not be claimed on the grantor's return?
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Highlighted
Level 1
last updated ‎December 07, 2019 9:42 AM
Trust attorney wants cash into trust directly, not from grantor
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Highlighted
Level 1
last updated ‎December 07, 2019 9:42 AM
yes
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Highlighted
Level 14
last updated ‎December 07, 2019 9:42 AM
Not gonna happen. A grantor trust, by definition, is not a separate tax paying entity. Refund goes to grantor. Grantor can deposit into trust account.

ex-AllStar
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