Deke_C
New Member

Business & farm

I am hoping that TurboTax will fix this in the future.  The Grantor letter tells where the data needs to go on the 1040.  In my case its a miniscule loss   I seems illogical that you just use a K1 form for something else Grantor Tax advice letter, instead there should be a form for this.  In many cases I think it can be omitted and TT should guide the filer about that. 

 

Thank you Deke