$1,195.00

Estates and Trusts

In general, trusts are taxed like individuals for income tax purposes. A trust may earn tax-exempt income and may deduct expenses. Trusts are also allowed a small exemption. Income taxed to a trust is reported on Federal Form 1041 (U.S. Tax Return for Estates and Trusts).

Fees starting at $1195 for Form 1041


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Jones Accounting Associates can prepare tax returns and give suggestions on strategies that focus on tax-efficient allocation of income and principal by trusts and estates, even if you already have a lawyer who is handling the administration of the trust or estate.  We collaborate with attorneys to ensure that your estate or trust is being managed in a manner that is most beneficial for your goals and circumstances.

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