Question

A charitable trust need not file a return of income...its true or false...

Answer 1

here is ur answer.....
it's true, In general, Form 8855, Election To Treat a Qualified Revocable Trust as Part of an Estate, must be filed by the due date for Form 1041 for the first tax year of the related estate. This applies even if the combined related estate and electing trust don't have sufficient income to be required to file Form 1041....

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