WOODBRIDGE LIQUIDATION TRUST Michael I. Goldberg, Liquidation Trustee 201 North Brand Avenue, Suite M Glendale, California 91203 January 15, 2025

To Holders of Interests in the Woodbridge Liquidation Trust: IMPORTANT INFORMATION REGARDING THE 2024 GRANTOR LETTERS

Please be advised that the Woodbridge Liquidation Trust (the “Trust”), as it has in previous years, will be providing a Grantor Letter for 2024 to each holder of beneficial interests in the Trust. The Trust is a flow-through entity and does not, in and of itself, incur federal tax liability.

The taxable income, deductions, gains and losses of the Trust flow through to Trust beneficiaries and are reported pro-ratably to Trust beneficiaries each year on the Grantor Letter. Each year, each Trust beneficiary who holds his/her interests outside of a qualified IRA is required to report the information contained in the Grantor Letter on his/her income tax return.

The Trust is endeavoring to complete its 2024 income tax return prior to the April 15, 2025 income tax return filing deadline. It is anticipated that the Grantor Letters will be mailed to the Trust beneficiaries by the end of March 2025.

If this timeframe presents a challenge in completing your income tax return by the filing deadline, you should consider filing, on or before the filing due date, an extension of time to file with the appropriate federal and state (if applicable) taxing authorities. Generally, periodic distributions received by Trust beneficiaries from the Trust will not be directly taxable to beneficiaries. However, such distributions will affect the adjusted tax basis of each beneficiary’s interest in the Trust.

THIS DOCUMENT IS NOT AND SHOULD NOT BE CONSTRUED TO BE TAX ADVICE PROVIDED TO ANY OF THE TRUST BENEFICIARIES. The Trustee encourages each beneficiary to consult with a qualified professional tax advisor regarding taxation of his/her beneficial interest in the Woodbridge Liquidation Trust.

2 thoughts on “In Case you hadn’t seen the latest Memo regarding 2024 income tax reporting.

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