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Glossary

Form 5227 – Split-Interest Trust Information Return (previously noted under trusts)

What is IRS Form 5227: Split-Interest Trust Information Return?

IRS Form 5227, Split-Interest Trust Information Return, is used by trusts that benefit both charitable and non-charitable beneficiaries. These trusts, known as split-interest trusts, must file Form 5227 annually to report their income, deductions, and distributions to the IRS.

Form 5227 Explained: Split-Interest Trust Information
Form 5227 is an information return used by split-interest trusts to report their financial activities to the IRS. Understanding it is crucial for those involved in these types of trusts.

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  1. Glossary Article

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