cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

How to fill Form 1041 for a grantor Trust where the fiduciary isn't the grantor.

I have to fill Form 1041 for a grantor type trust where the fiduciary isn't the grantor. TT Business is completing the fiduciary name and address from the grantor information, what in my case doesn't apply.

How I can fill fiduciary's name and address other than the grantor?

1 Best answer

Accepted Solutions
Highlighted
New Member

How to fill Form 1041 for a grantor Trust where the fiduciary isn't the grantor.

Please go into forms mode (look for a box in the top left of the TurboTax screen), then look in the column in the left for Form 1041.  Place your cursor on the box for the fiduciary's first name and right click.  That will open a menu of options.  Choose the override function and enter the correct name.  Then go back into interview mode and complete the return.

View solution in original post

4 Replies
Highlighted
New Member

How to fill Form 1041 for a grantor Trust where the fiduciary isn't the grantor.

Please go into forms mode (look for a box in the top left of the TurboTax screen), then look in the column in the left for Form 1041.  Place your cursor on the box for the fiduciary's first name and right click.  That will open a menu of options.  Choose the override function and enter the correct name.  Then go back into interview mode and complete the return.

View solution in original post

Highlighted
New Member

How to fill Form 1041 for a grantor Trust where the fiduciary isn't the grantor.

For the amount of money TurboTax Business costs, one would think that the interview mode could handle this situation without going into forms.  Why can't you just fix the code??  It's very common for a grantor's trust to have a fiduciary who's not the grantor.  Please fix the code.
Highlighted
New Member

How to fill Form 1041 for a grantor Trust where the fiduciary isn't the grantor.

Yes please. This is an entirely normal situation for a Special Needs Trust, and TurboTax Business is not cheap.
Highlighted
New Member

How to fill Form 1041 for a grantor Trust where the fiduciary isn't the grantor.

could not agree more...been struggling with this for years!