If a trust or estate has business income reportable on Schedule C is true?

Yes, if a trust or estate has business income, it must report that income on Schedule C. This applies when the trust or estate is engaged in trade or business activities and is required to file Form 1041, U.S. Income Tax Return for Estates and Trusts. The income reported on Schedule C is then passed through to the beneficiaries or taxed at the trust or estate level, depending on the circumstances.