@jce1978 wrote:
....Sorry, but this is all new to me although I have been filing family tax returns for 30+ years.
I understand, but that is why I almost wrote "there is no such things as a basic trust return"; they get complicated very quickly and are nothing like a1040.
Line 12A is on the K-1 and you do not receive the K-1 (1041) from your brokerage firm, that form is prepared if you make a distribution and filed along with the 1041 with a copy to the beneficiary.
Re Schedule I, the instructions are at the link below.
https://www.irs.gov/pub/irs-pdf/i1041si.pdf
