Solved
Turbo Tax business Trust form 1041. How do I enter Schedule C business income from single member wholly owned LLC? Trust has own EIN.
I am using 2021 TT Business to prepare form 1041 for a Trust. The Trust is the sole member of an LLC. Becuase it's a single member LLC, TT Business will not prepare a separate business return for the LLC as form 1041 Schedule C is to be used.
When I went on to prepare the Trust return form 1041, there are a variety of possible income sources to choose from, but Other business income/Schedule C is not one of them.
I can prepare the Schedule C offline if necessary but still not sure how to enter it's results in the 1041 using TT Business.
