Again, it's a newly created Irrevocable Trust.
There's two condos and a little money in the trust.
In the past before the trust, one condo was rented out and as such had a Schedule E attached to a 1040 form.
This year repairs were needed to the non-rented condo, and the repair bill was paid partly from funds in the trust and partly from the owner who owned the condo before it was placed in the trust.
So, who completes the 1041, the grantor or the executor?
And whose return(s) does the new K1 get attached to?
What version of TT is best suited for this tax situation?
Thank you!
