﻿<?xml version='1.0' encoding='UTF-8'?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><title>California Society of CPAs / Estate Planning / CalCPA Discussion Forum  / Irrevocable trusts and medical expenses / Latest Posts</title><generator>InstantForum.NET v4.1.4</generator><description>California Society of CPAs</description><link>http://forums.calcpa.org/</link><webMaster>forums@calcpa.org</webMaster><lastBuildDate>Sun, 21 Mar 2010 10:36:23 GMT</lastBuildDate><ttl>20</ttl><item><title>RE: Irrevocable trusts and medical expenses</title><link>http://forums.calcpa.org/Topic549-2-1.aspx</link><description>Bill:&lt;/P&gt;&lt;P&gt;Would your answer change if they were taxed on those principal distributions? Perhaps if there were little or no income distributions, it could happen.</description><pubDate>Tue, 26 Feb 2008 09:36:19 GMT</pubDate><dc:creator>Mary Kay Foss</dc:creator></item><item><title>RE: Irrevocable trusts and medical expenses</title><link>http://forums.calcpa.org/Topic549-2-1.aspx</link><description>Hello, Anonymous,&lt;br&gt;&lt;br&gt;Answers are &lt;br&gt;no&lt;br&gt;and &lt;br&gt;no&lt;br&gt;&lt;br&gt;Bill&lt;br&gt;&lt;br&gt;[quote][b]Anonymous (2/25/2008)[/b][hr]If an irrevocable trust pays medical expenses on behalf of its beneficiary directly and these expenses are allocated to principal, should the schedule k-1 to the beneficary detail these expenses out to the beneficiary on a note to the k-1?  Would the beneficicary be able to deduct these on their personal 1040?[/quote]</description><pubDate>Mon, 25 Feb 2008 21:25:12 GMT</pubDate><dc:creator>Bill</dc:creator></item></channel></rss>