All
IRS Form 1041-QFT (2018) is the federal income tax return for a Qualified Funeral Trust (QFT). Trustees file this form to report income, deductions, and income tax liability for trusts created under section 685. A QFT is a domestic trust established through a contract with a funeral service provider, where funds are invested to pay for future funeral or burial services for designated beneficiaries. Trustees must file when gross income, investment income, or tax liability meets or exceeds the filing threshold for the tax year.
Read More
