Reporting an Excepted Trust

Part 6

Report an excepted trust as follows:

DescriptionIdentify the trust interest, using initials or a general description (e.g., “J.S. 2003 Trust” or “family trust #1”), and indicate the general nature of its holdings to the extent known.  In addition, write “excepted trust.”

EIFSelect “No.”

Income AmountSelect the category that corresponds to the amount of your income during the reporting period.


Do not report transactions involving excepted trusts.