My father died 2 years ago, and he left a trust for myself and 2 brothers. My brother is the administrator for the trust. The trust says that all the $ should be split by 3, so we all will receive around $150,000 each. Is there some sort of tax form that goes along with this? I am pretty sure I don't need to pay income tax on this, but am not positive. Do I need to put this down somewhere on the tax form when I file? Thanks for your help!
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