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?
This is a grantor trust, and i do see all the correct info under that tab is indeed 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.
Grantor trusts do not issue K1s. As @tagteam states above a grantor statement is issued, not a K1.
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.