Where do I enter information for form 1041 investment advisory fees? Should be line 15c I think, but not sure where is goes.
Trying to identify where Investment Fees for a trust are entered into TurboTax Business for Form 1041. Per IRS, they should be on line 15C, subject to 2% AGI. Where are they entered in the software?
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1 Best answer
Anonymous_
Level 15
Jun 4, 2019 4:41:34 PM
"Where are they entered in the software?"
Please see screenshot below and, yes, such fees are subject to the 2% AGI floor (15c - investment expense).
1 Replies
Anonymous_
Level 15
Jun 4, 2019 4:41:34 PM
"Where are they entered in the software?"
Please see screenshot below and, yes, such fees are subject to the 2% AGI floor (15c - investment expense).