Trust is IRA Beneficiary-who pays taxes

[Den1960]

What is the name of your state?What is the name of your state? Ohio

For a traditional IRA that has a trust as beneficiary, who pays the income taxes? If the IRA is divided among trust beneficiaries, do you just tell them it is taxable and leave it to them to report on individual tax returns or does the trust need to pay the income taxes?

 

[Dandy Don]

Trust pays the taxes, which obviously may reduce the amount left to be distributed to beneficiaries.

DANDY DON IN OKLAHOMA ([email protected])