JHub
Returning Member

Get your taxes done using TurboTax

Thank you for that information.  I actually received a 1099-DIV not a 1099-B.  In the meantime I talked to a Turbo Tax rep and she had me go to Interest and Dividends / Dividends on 1099-DIV and manually add the account with the information from the 1099.  I added the EIN of the trust to the name of the account.  Then when it asked if there were any uncommon situations that apply I selected "I need to adjust these dividends".  The next screen then asks for the adjustment amount where I put the full amount of dividends listed on the 1099 and I selected "I received all or part of these dividends for someone else (I am a nominee)".  That produced the right result on the tax return.

 

And thank you for letting me know about needing to submit a 1099 to the trust and IRS.