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	<title>New answer on: Does A Life Insurance Trust File A Tax Return?</title>

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		<title>By: Peggy Mace</title>

		<link>https://insurancelibrary.com/life-insurance/does-a-life-insurance-trust-file-a-tax-return</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Sun, 21 Jul 2013 19:03:00 +0000</pubDate>

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		<description><![CDATA[As a Grantor Trust, the income is reported on the grantor&#039;s individual income tax return, so the Irrevocable Life Insurance Trust does not usually need to file a tax return. If there is no income in the policy, you may need to write an initial note to the IRS stating that. If income is over $600/year, you may need to use Form 1041 to file a tax return for that year. Contact your tax consultant to get the final word on this.]]></description>

		

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