To enter interest and dividend in a Grantor Trust return, please follow these steps:
- While in the return, click General Info > Grantor Information.
- Continue through the screens until you come to Amounts to Allocate to Grantors Worksheet. Click Continue.
- On the Amounts to Allocate screen, mark the boxes for the items you need to allocate to each Grantor (income, deductions, credits, etc.)
- On the Grantor Income Type and Amount screen, enter the type of income (e.g. interest) and amount and click Continue.
- On the next screen, the income you entered will show in the table. Click Add Another Income Item and add that income (like dividends).
- Continue through the screens, entering the information.
