Trust & Estate Tax
Trust & Estate Tax Returns in Georgia
Form 1041 fiduciary returns, K-1 beneficiary schedules, final 1040 returns for decedents, and Georgia state filings — prepared by Enrolled Agents.
Quick Answer: Trust & Estate Returns
We prepare Form 1041 fiduciary income tax returns for trusts and estates, issue Schedule K-1s to beneficiaries, and in year-of-death cases file both the final Form 1040 and the estate's Form 1041 with deductions coordinated between them.
- Form 1041 federal fiduciary return
- Georgia Form 501 state fiduciary return
- Schedule K-1 for each beneficiary
- Final Form 1040 for decedents (year of death)
Trust Types We File
- • Revocable living trusts (grantor trusts)
- • Irrevocable trusts (non-grantor)
- • Qualified disability trusts
- • Special needs trusts
- • Charitable remainder trusts
- • Grantor retained annuity trusts (GRAT)
- • Decedent estates (probate and non-probate)
- • Qualified funeral trusts
Related Services
Trust & Estate FAQs
When does a trust need to file its own tax return?
An irrevocable trust with $600+ gross income, any taxable income, or a non-resident alien beneficiary must file Form 1041. Revocable (grantor) trusts are generally reported on the grantor's personal Form 1040 while the grantor is alive—and switch to 1041 filing after death.
When is the trust tax return due date?
For calendar-year trusts and estates, Form 1041 is due April 15. Fiscal-year estates (common in the year of death) are due the 15th day of the 4th month after the year-end. Form 7004 grants a 5 1/2-month extension to file but not to pay.
Does an estate file a Form 1040 for the decedent as well?
Yes—typically two returns are required in the year of death. The final Form 1040 reports the decedent's income from January 1 through date of death, and Form 1041 reports income earned by the estate after death. We prepare both and coordinate deductions and credits between them.
What is a K-1 from a trust and what do I do with it?
A trust or estate that distributes income to beneficiaries issues each beneficiary a Schedule K-1 showing their share of income, deductions, and credits. You report those amounts on your personal Form 1040. If you're expecting a K-1 and haven't received it by March, contact the fiduciary or trustee.
Do you handle federal estate tax (Form 706) as well?
Form 706 applies when a decedent's gross estate exceeds the federal exemption ($13.99M in 2025). Most estates we serve are below that threshold and file only Form 1041 (income tax) plus a final Form 1040. For estates approaching the 706 threshold, we coordinate with your estate attorney on valuation and portability elections.