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Form 1041 Schedule G Part III question 1

Form 1041, Schedule G, Part III, question 1.  Simple Trust.

What do I write as an explanation?  I had $26 of exempt interest bonds,  several thousands of regular dividends, and $159 total expenses for the trust.

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Form 1041 Schedule G Part III question 1


@pjnbarb789 wrote:

What do I write as an explanation? 


The program will make the allocation for you if you enter expenses in the "Both" box. 

 

See https://www.irs.gov/instructions/i1041#idm140229119631856

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1 Reply

Form 1041 Schedule G Part III question 1


@pjnbarb789 wrote:

What do I write as an explanation? 


The program will make the allocation for you if you enter expenses in the "Both" box. 

 

See https://www.irs.gov/instructions/i1041#idm140229119631856

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