Do I need separate tax ID numbers for a trust and estate?
September 13, 2006
Date: Sun, 09 Apr 2006
From: Alicia
Do we need two separate tax identification numbers – one for the trust and another for the estate?
Answer
Date: Fri, 05 May 2006
Hello Alicia,
Generally, a trust and an estate are required to have separate tax identification numbers.
There is an election to have a trust included on the income tax return with an estate, which would initially require only one identification number.
I recommend that you retain a tax consultant familiar with these rules to help you with income tax reporting for the trust and estate. (We provide this service.)
Good luck!
Mike Gray
For answers to new questions, subscribe to our newsletter, Michael Gray, CPA's Tax & Business Insight by filling out the form below.
Home Newsletter Archive Introducing Michael Gray, CPA Articles Tax FAQ Need Help? Other Links
© 2025
Connect on LinkedIn
Connect on BlueSky
Connect on Instagram
Our Blog