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kalm15364
New Member

Prepaid funeral trust account

We received a Statement of Income, Deductions and Credits Attributed to Grantor for our prepaid funeral trust account. We received interest income, treasury income, ordinary dividend, short and long term capital gain, and administrative trust expense. We understood that we need to include interest income as 1099 INT and dividend as 1099 DIV.  The gain and loss should go to schedule D. Where in turbo tax should we input these? Since turbo tax always needs the purchase and sale date of the investment which we do not have the information.

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