The Trust is a "Grantor Trust" "Irrevocable Trust Agreement". The Grantor is *living*. The Asset Holder, a Bank, issued the 1099-INTs to the Trust EIN. So, I need to additionally buy TT Business and file a 1041 U.S. Income Tax Return for Estates and Trusts, correct? I am assuming the 1041 includes reporting the 1099-INT Interest and determining the Federal taxes owed. Is that correct? If so, why is a 'Grantor Trust Letter' or Schedule K-1 needed in addition to the 1041?
Also, for PA, do I file the PA-41 and is that also only accessed through TT Business?
Thank you.
