Grantor Letter for Wind Down Trust

[MrK3]

I received a grantor letter for a wind down trust. The letter includes interest income, attorney/accountant fees, other general and administration expenses, and realized loss on marketable securities. Other posts suggest entering this information on 1041 as if I had received a K-1. When I do this, I can enter the interest in box 1 and the realized loss from marketable securities in box 5 (other portfolio and nonbusiness income), but where would I enter the attorney/accountant fees and the administrative expenses? Is this even the right way to enter this information?

[RobertB4444]

That is the right way to enter that information.

Unfortunately the attorney/accountant fees and administrative expenses aren't deductible to individuals so don't get entered.  Just enter the interest income and capital losses and you're all set.

@MrK3 

[MrK3]

Thanks so much...appreciate the help!