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A trustee may file a single, composite return for all Qualified Funeral Trusts (QFT) of which they are the trustee. Idaho generates a Qualified Funeral Trust worksheet, similar to the federal worksheet, which you must include with the composite Form 66. The purpose of this worksheet is to separate the various sources of income between QFTs.

• If a QFT has multiple beneficiaries, Onvio Tax  treats each beneficiary's interest as a separate trust for purposes of computing the tax.
• The state does not require a QFT to pay the Permanent building fund tax.
• Onvio Tax will calculate withholding for all nonresidents of a QFT. There is no option to opt out like there is with a complex trust or decedent estate.

Idaho Overview (1041)