Skip to main content
TurboTax
Community
TurboTax
TurboTax
SD641
Level 2
Apr 14, 2025 4:19 AM UTC
Question

Trustee Fees

How do I input Trustee fees ((Revocable Trust) in Turbo Tax Income section if it was not included on the K1 statement?

    4 replies

    Hi Palms
    Hi Palms
    Level 7
    Apr 14, 2025 3:38 PM UTC

    To whon did you pay a trustee's fee and what was its nature?

     

    Revocable trusts typically do not issue K-1s, they issue grantor information statements.

     

    Virtually every trust, regardless, deducts trustees' fees at the trust level and do not pass those fees on to the beneficiaries to deduct on their individual income tax returns. 

     

    There is an error here somewhere.

    SD641Author
    Level 2
    Apr 14, 2025 6:46 PM UTC

    It was an Irrevocable Trust.  The Trustee fees were not listed on the K1 so I entered as Other Miscellaneous Income - Other Reportable Income.

    Hi Palms
    Hi Palms
    Level 7
    Apr 14, 2025 7:02 PM UTC

    That is correct. If you received a fee as a fiduciary (trustee), you would report that fee as Other miscellaneous income.

    SD641Author
    Level 2
    Apr 14, 2025 6:44 PM UTC

    It was an Irrevocable trust.  The Trustee fees were not listed on the K1 so I entered as Other Miscellaneous Income - Other Reportable Income.

    TurboTax flag icon

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Explore your options
    Terms & ConditionsAccessibility statement
    Sitemap
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2026 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, Credit Karma, and Mailchimp are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    About Cookies Manage cookies

    TRUSTe nResult Certified e-File C-Level Security Certification
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    © 2026 Intuit Canada ULC or its affiliated companies. All rights reserved. Intuit, QuickBooks, QB, TurboTax and ProFile are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

    Copyright © Intuit Canada ULC, 2026. All rights reserved.

    About Cookies Manage cookies

    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    © 2026, Entreprises Intuit Canada ULC ou ses sociétés affiliées. Tous droits réservés. Intuit, QuickBooks, QB, TurboImpôt et ProFile sont des marques déposées d’Intuit Inc. Les modalités, prix, fonctions et options de service et de soutien peuvent changer sans préavis.

    © 2026, Entreprises Intuit Canada ULC. Tous droits réservés.

    À propos des témoins Gérer les témoins