Get your taxes done using TurboTax

Ok ... first the trust will file the form 1041  and issue each beneficiary a K-1 form reporting the net gain being passed thru to them.   The selling price & cost basis will be reported on the 1041  NOT your personal  tax return. 

 

If you are completing the trust return then you need to use the correct program for a 1041 ...  you will need the downloaded BUSINESS program for windows ... there is no online or mac version :  https://turbotax.intuit.com/small-business-taxes/