I am a trustee of a turst that is being terminated. I was able to complete a Form 1041 for the federal filing by using Turbotax Business. Unfortunately TT Business does not have Form D-407 to file the NC State taxes for the trust so I'm trying to do it manually.
Form 1041 stated 0 Taxable income for the federal return because all the money has now been distributed. Does it sound feasible that the NC D-407 will who Zeros on all fields? If I'm doing it right then everything is zero but this worries me. Anyone have experience with this that can point me in the right direction or confirm that I'm on the right track?
