☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 27, 2020 7:56:19 PM

How do I enter the residual value of a donation to a charitable remainder trust made with marketable securities?

0 1 626
1 Best answer
Level 15
Feb 28, 2020 8:05:51 AM

You need to file Form 5227 for this entity.

 

See https://www.irs.gov/instructions/i5227#idm140541403832384

 

Also refer to the following.

 

https://www.thetaxadviser.com/issues/2014/mar/casestudy-mar2014.html

 

https://www.uscharitablegifttrust.org/us-legacy-income-trusts-calculator.php

1 Replies
Level 15
Feb 28, 2020 8:05:51 AM

You need to file Form 5227 for this entity.

 

See https://www.irs.gov/instructions/i5227#idm140541403832384

 

Also refer to the following.

 

https://www.thetaxadviser.com/issues/2014/mar/casestudy-mar2014.html

 

https://www.uscharitablegifttrust.org/us-legacy-income-trusts-calculator.php