3205788
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Trust return won't generate k-1. all grantor info is entered

Message says "To generate schedule k-1 PDFs, Please add partner/shareholder information to your return."  I did but it keeps posting that message.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

7 Replies
PatriciaV
Expert Alumni

Trust return won't generate k-1. all grantor info is entered

Please confirm you see "About Your Trust or Estate" when you click the General Info Tab in TurboTax Business. Did you enter the beneficiary information from the next tab? Or is this a Grantor Trust?

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Trust return won't generate k-1. all grantor info is entered

This is a grantor trust, and i do see all the correct info under that tab is indeed entered.

Trust return won't generate k-1. all grantor info is entered

 

Trust return won't generate k-1. all grantor info is entered

You're a genius; thank you!

Trust return won't generate k-1. all grantor info is entered

Hello, I see you asked this question but did not see the answer you responded to.  I have entered all the information for a Grantor Trust, but cannot print the K-1s due to a repeated message to please enter partner/shareholder information.

RobertB4444
Expert Alumni

Trust return won't generate k-1. all grantor info is entered

Grantor trusts do not issue K1s.  As @tagteam states above a grantor statement is issued, not a K1.

 

@CaroleJean 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Trust return won't generate k-1. all grantor info is entered

Thanks; it threw me when TT confronted me with printing K-1s after completing all info in guided mode.  I finally figured out that if I just answered "done" when the K-1 section came up at the end, I bypassed that and just had the Grantor Information Statements to hand out.  Onward and forward. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question