DaveF1006
Expert Alumni

Business & farm

Yes. Based on the IRS instructions for Form 1041, Grantor-type trusts should only fill in the entity information and not report dollar amounts directly on the form itself. Instead, those amounts should be included in an attachment. 

 

Schedule H should be included with the informational 1041, along with a payment voucher and check for the household employment taxes. You should not enter the tax amount on Schedule G, Part I, line 7 or carry it forward to line 2.

 

1041 Instructions

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