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Environment and Natural Resources Try u s t F u n d (E N R T F) 2015 Request for Proposal LegislativeCitizen Commission on Minnesota Resources (LC CMR) www.lccmr.leg.mn Funding Priorities for 2015
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Trust is a legal arrangement where a trustee holds assets on behalf of beneficiaries.
Trustees or fiduciaries responsible for managing the trust are required to file Trust tax returns.
To fill out a trust tax return, you will need to gather information on trust income, deductions, and credits, then complete the appropriate tax forms.
The purpose of a trust is to manage and distribute assets for the benefit of designated beneficiaries, according to the terms of the trust document.
Information such as trust income, deductions, credits, and distributions must be reported on a trust tax return.
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