My MIL has an Irrevocable Trust, my husband & SIL are trustees but SIL files as the fiduciary. They are both given a small amount to handle all trust issues. I'm using TurboTax Business to file again this year but when going through to make sure I have everything I saw that last year I filed a 1096, which then gave them each a 1099-NEC to file w/their taxes. This year however I can't find the 1096 to fill out & TT isn't creating a 1099, just a K-1. Can the Business program create the 1099-NEC or do I need to do it online? & if I do it online how does the trust submit the notice that it paid out an amount to each of them? Could I be putting the information in wrong? Do they both need to be beneficiaries?
