The Special Needs Trust Advisor Since 1993
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FAQs about Taxes

Unfortunately Community Fund Ohio cannot provide tax advice and the answer depends on each taxpayer’s individual situation. The Trust is not tax exempt and tax information may need to be reported on the Beneficiary’s or Grantor’s tax return, depending on the type of Trust. We recommend consulting with a tax advisor for advice. Also, remember that even if income is required to be reported on a tax return, that does not automatically mean that income tax will be owed.

This depends on the type of trust. For Pooled Medicaid Payback Trusts and irrevocable Master Trusts, the Designated Advocate will receive tax documents on behalf of the Beneficiary. For revocable Master Trusts, the Grantor will receive tax information to be reported on the Grantor’s own tax return.

FAQs about Administering a Trust After a Beneficiary has Died

FAQs about Deposits

FAQs about Designated Advocates

FAQs about Distributions

FAQs about Taxes

FAQs for Attorneys

FAQs for Grant Applicants

FAQs for Recently Established Trusts

About Community Fund Ohio

Community Fund Ohio is a nonprofit tax-exempt organization that enhances life for Ohio residents with disabilities by protecting their eligibility for government benefits and funding their current and future needs through pooled special needs trusts, grants, community education, and related services.

Administrative Office
17900 Jefferson Park
Suite 102
Middleburg Heights, OH 44130
216.736.4540
216.867.9783
[email protected]
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Business Hours

Community Fund Ohio is open Monday through Friday, 8:30 am to 3:30 pm EST, excluding holidays and training. Our holiday schedule is on our Forms page for your convenience.

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© 2023 Community Fund Management Foundation dba Community Fund Ohio
Disclaimer: Community Fund Ohio cannot guarantee that a beneficiary will retain his or her government benefits but will assist the beneficiary in answering questions about a Community Fund Ohio Pooled Special Needs Trust. This website is for informational and educational purposes only. It is not intended to constitute legal advice, nor is it a substitute for obtaining legal advice from a licensed attorney.