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If its been accepted your good to go. If their socials had been used on a previously filed return, it would have been rejected on your end.

As long as the distributions to charities come from income and are specified in the trust document, they are deductible. I cannot imagine why the trustee would want to pay the taxes for the beneficiaries, who may end up receiving a lot less than if they paid the taxes at their own rates. The only way to do it would be to make no distributions, pay the income tax, and then pay the beneficiaries the next year. Does the trustee understand his or her fiduciary duties?

Whoever claims the dependent will claim the education credit regardless of who pays the tuition costs. You will just enter 2 1098T forms on the education expense worksheet.

So this is interesting. On the U.S. marketplace healthcare.gov it says this about getting a voided 1095-A. I am curious, did this person ever purchased coverage through the marketplace for any earlier year?

Even if you get a penalty, it is probably less than if you wait until later to file it. And I would have a problem doing the tax return and checking the box that the 1099s were done, or none were due, if I knew that wasn't true.

And the 65 day rule which gives him or her several more weeks to make a deemed distribution for 2024?

Copied from The Journal Of Accountancy: https://www.journalofaccountancy.com/news/2025/feb/boi-smith-case-fincen-motion-to-stay.html

"Clear" is a far cry from how the irs has gone about issuing and changing guidance on this issue. But the guidance currently states: Nowhere in the guidance does it state a company is not to file 1099Ks for amounts under $5000. There's also the fact that the irs guidance doesn't change the law, which says the threshold is $600.

It is my understanding that the tuition credit follows the exemption; regardless of who actually pays it.