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    • Created with Sketch. In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
    Created with Sketch. In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
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    Special needs trust.

    annaromanobusco
    Level 1
    ‎12-07-2019 06:22 AM
    Please let me know if a irrecocable special need trust is considered a fiducuary or an estate.

    Thank you
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    1 Best Answer

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    sjrcpa
    Level 15
    ‎12-07-2019 06:22 AM

    It is a trust that should file a fiduciary income tax return Form 1041. If you don't know you should not try to prepare the return.


    Ex-AllStar

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    3 Comments 3
    sjrcpa
    Level 15
    ‎12-07-2019 06:22 AM

    It is a trust that should file a fiduciary income tax return Form 1041. If you don't know you should not try to prepare the return.


    Ex-AllStar
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    IRonMaN
    Level 15
    ‎12-07-2019 06:22 AM
    :+1::+1:

    Slava Ukraini!
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    IRonMaN
    Level 15
    ‎12-07-2019 06:22 AM
    Doesn't the name kinda give it away?  As a side note, someone has to be dead to have an estate.  If they are dead, they no longer have any special needs.

    Slava Ukraini!
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