A trust may be required to pay tax to IRS if it has earned income and has made no distributions to the beneficiaries.just like a reg individual,
Generally, . The trust return will affect the personal return because it generates a form called a K-1 that will show income that will need to be included on the individual’s return
The irc states, QUOTE,”To save interest and penalties,
pay your taxes in full by April
15, 2014. You do not have to
pay if line 76 is under $1.
Include any estimated tax.
So, they will most likely take your few cents out if it is actually a few dollars. The Feds consider it a wash if the amount owed or due is under a dollar. They don't collect or hold you responsible for amounts that round to less than a dollar. So if you owe them a few cents, you actually don't owe them anything.
http://www.irs.gov/pub/irs-pdf/i1040.pdf