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Victor is the sole grantor of the LML Grantor Trust, and Elissa is the trustee. Rather than obtaining an EIN for the trust, Elissa provided
Victor is the sole grantor of the LML Grantor Trust, and Elissa is the trustee. Rather than obtaining an EIN for the trust, Elissa provided all payers of income with Victor's name and social security number. At the end of the year, she received several Forms 1099 at the trust's address reporting income under Victor's name. Which filing method has Elissa used?
The "traditional" filing method.
Optional Method #1.
Optional Method #2.
Optional Method #3.
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