My father passed away in Sept of 2013. He created a trust that contained a hobby farm, 3 cars, and $15000 cash. Everything in the trust was debt free. The trust gave my brother the farm and one car. My sister and I each received a car. In addition all three of us received $5000. My father did not need to file tax returns for many years and that would have been the case in the year he died. Does a final tax return have to be filed for my father and does the trust have to file a form 1041 if everything was distributed in 2013 and there was no trust income?
- posted
10 years ago