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Form 1041 Grantor Trust Bug

I have an annoying bug that has been around for several years.  In checking for errors, TTax Business always flags an error:  "Grantor trust box is the only 'Entity Type' box checked.  If the entire return is a grantor type trust, do not report dollar amounts on Form 1041".

 

The only dollar amount are 0's (zeros) populated by Turbo Tax.  I believe I tried (in years past) to override the zeros by deleting them, and got more errors, so I leave the form as is.

 

I have always ignored the error, and the IRS accepts the return.  Just a little annoying for all these years.

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3 Replies

Form 1041 Grantor Trust Bug

It must be a bug that only occurs under certain circumstances.

 

I recently prepared a test 1041 for a grantor trust and got no such error or flag.

Form 1041 Grantor Trust Bug

I have this error for a 1041 Grantor Trust return.  It is the only Error in the return.  How do you e-file with the error?  

Form 1041 Grantor Trust Bug

If I remember correctly, I had to file manually (paper and postage), because the error wouldn't let me e-file.  

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