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Deke_C
New Member

[Tax Year 2020] I have a Grantor Tax Information Letter for my Trust. It directions data be input in Schedule B and D and others. Can't that within TurboTax. Where is it?

I am hoping that TurboTax will fix this in the future.  The Grantor letter tells where the data needs to go on the 1040.  In my case its a miniscule loss   I seems illogical that you just use a K1 form for something else Grantor Tax advice letter, instead there should be a form for this.  In many cases I think it can be omitted and TT should guide the filer about that. 

 

Thank you Deke

PatriciaV
Expert Alumni

[Tax Year 2020] I have a Grantor Tax Information Letter for my Trust. It directions data be input in Schedule B and D and others. Can't that within TurboTax. Where is it?

@Deke_C 

Thank you for your input on this experience. We will convey your comments to our tech support team who may include this enhancement in a future update.

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