I’m filing taxes for my son’s Special Needs Trust, of which I am the Trustee and Grantor. It is a Third-party Special Needs Trust and considered a grantor trust.
My son had significant medical expenses last year. I have a dedicated credit card in my name that I use to pay for all of his expenses and then I pay the bill using funds directly from his trust.
I’m trying to figure out if I would assume all of the the medical expenses on my personal return or not.
My son had significant medical expenses last year. I have a dedicated credit card in my name that I use to pay for all of his expenses and then I pay the bill using funds directly from his trust.
I’m trying to figure out if I would assume all of the the medical expenses on my personal return or not.