Taxes on these are paid by the grantor, not the receiver, & there's a $12,000 per year exclusion
Apply penalty and 
interest for as long as there is a tax balance (all ...... Of that sum $12,000 was ..... 
Michigan does not require a grantor trust to file a MI-1041 when the... [DOC] [TLE] Supplemental Outline - gscpa home [PAR] Aug 25, 2016 ... Common questions: a.