topic @pd47 in Business & farm

Reporting Grantor Trust?

pd47 — Tue, 04 Jun 2019 01:08:30 GMT

I have three Grantor Letters for the same grantor trust: mine, my wife's and joint. Turbotax doe not have an option for reporting joint ownership on Form 1099-MISC. How do I report this? Thank you

@pd47

StephanieB — Tue, 04 Jun 2019 01:08:32 GMT

@pd47

" How do I report this?" Frankly, it really does not mat...

Anonymous_ — Tue, 04 Jun 2019 01:08:34 GMT

" How do I report this?"

Frankly, it really does not matter provided you and your wife are filing a joint return. The option only appears on a worksheet, or worksheets, that you retain for your records; it does not get filed.

Simply use the person whose name corresponds with the tax ID (social security) number on the 1099.