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Click here to see the public awareness campaign at the White House PAGER/SGML Page 1 of 37 Use rid: DID INSTR04 Lead pct: 0% Pt. size: 9.5 Filed: D: Users PSB documents 1041 2008 I1041v122908.SGM

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What is grantor type trusts?

Grantor type trusts are a type of trust in which the grantor maintains control over the assets transferred to the trust while still being considered the owner for tax purposes.

Who is required to file grantor type trusts?

The grantor of the trust is responsible for filing grantor type trusts.

How to fill out grantor type trusts?

To fill out grantor type trusts, you need to gather all necessary financial information, identify the assets included in the trust, and accurately report income, deductions, and credits.

What is the purpose of grantor type trusts?

The purpose of grantor type trusts is to allow the grantor to maintain control over their assets while potentially reducing tax liabilities and preserving wealth for future beneficiaries.

What information must be reported on grantor type trusts?

On grantor type trusts, you must report the details of the trust assets, income earned, deductions claimed, and any distributions made to beneficiaries.

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