Hi, I need to complete a trust return for my 94 year old dad. I am confused and can not find one single tax service in the Seattle area to help. Is there anyone here able to help me with a very simple trust return. Trust has a paid off home and a savings account and that's all.
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I've been calling Intuit customer service line all day and there is something wrong with it.
Hello, yes there is a EIN number.
I looked at that directory and the person on there has a link. It doesn't work. I wouldn't mind doing a video call but not sure how. I'd even pay someone but can't find anyone. I did it with the help of a fellow who sold me a membership to his financial club. It was supposed to be a lifetime membership but when last April came around, he was on vacation and told me to file an extention. I did. Now, in October he wants $200/hour to help me again. No membership I guess :(
I already bought the Business turbotax for Trusts. I just got confused at some point. I thought there was a way to do your taxes alongside turbotax live help. They take over your computer I think?
I called several today and none of the want to help with turbotax return. They just want to do a return. I have already done the return, felt unsure, filed an extension and thought October 15th was deadline. Found out today that I'm late. I did send a bunch of money at extension so maybe my dad won't get in trouble. I'm so frustrated.
I apologize for the delay. I had to refresh my page to see that you replied.
No, it has existed for several years.
It was done by a CPA for my dad and I found out that his fee was equivalent to almost 2 months of his income for the year so I did it in 2022 with the help of that fellow I mentioned.
I don't know what a grantor trust is but dad's is a revokable trust. He is the trustee and I think I am once he passes :(
I looked at the returns the CPA had done and there were so so so many pages, charts, schedules that I think I did dad's wrong. I got scared and stopped.
I went back on Turbotax today to finish and it is looking like I am finished. I guess maybe it looks like that because I filed an extention? I don't know.
In a nutshell he has a paid off house and a savings account he put into the trust. Last year I was able to get him 4.62% on his savings and he made some interest income. On December 31st, I paid him from the trust all of the interest amount and filed his SR1040 with a K?
Thank you. I appreciate your time and information.
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