Report assets and income from a revocable living trust in Part 6 if (1) you, your spouse, or your dependent child is the grantor or (2) you, your spouse, or your dependent child receives mandatory distributions.

See OGE DAEOgram DO-02-015 (June 11, 2002) for a detailed discussion of revocable living trusts. 

For You, Your Spouse, and Your Dependent Children

Part 6

Grantor Is You, Your Spouse, or a Dependent Child

Report each underlying asset of the trust that individually was worth more than $1,000 at the end of the reporting period or from which more than $200 in income was received during the reporting period.  Use the instructions specific to each type of asset (e.g., mutual funds, exchange-traded funds, stocks, corporate bonds, and cash accounts, such as certificates of deposit).  You may identify that the assets are held in a revocable living trust, but this information is not required.  If you choose to identify the trust, use initials (“J.S. 2003 Trust”) or a general description (“Family revocable trust”) in lieu of the full name.

Mandatory Distributions Received by You, Your Spouse, or a Dependent Child

Report the trust and each underlying asset of the trust that individually was worth more than $1,000 at the end of the reporting period or from which more than $200 in income was received during the reporting period.  When reporting the trust itself, use initials (“J.S. 2003 Trust”) or a general description (“Family revocable trust”) in lieu of the full name.

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