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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1 Best answer

Level 15

Mar 18, 2021 3:16:51 PM

@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.

Level 15

Mar 18, 2021 3:16:51 PM

@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.