The Trust’s accountants are currently engaged in preparing the required 2019 tax returns for all pre-effective date and post-effective date entities under control of the Trust. It is anticipated that the 2019 income tax returns and accompanying Grantor Letters for the Trust will be completed by early September 2020. At that time, Grantor Letters will be provided to beneficiaries of the Trust.
Earlier in the year, the Internal Revenue Service and many state taxing authorities granted to taxpayers an extension of time to file 2019 income tax returns until July 15, 2020. It is not anticipated that the 2019 income tax return for the Trust will be completed prior to the extended July 15, 2020 tax return filing deadline. Therefore, it would be advisable for each Trust beneficiary to request an additional extension of the filing due date from appropriate federal and state taxing authorities.
source https://gregandersonlessonslearned.me/2020/06/23/reminder-of-the-tax-notice/
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