Grantor Letter from Special Needs Trust

Forum|Forum|11 months ago
October 25, 2025
5 replies
583 views

This year I received a grantor letter from a Special Needs Trust and I'm trying to figure out how to enter it in TurboTax. It's similar to a K-1 but I don't know if I can enter it as if it were a K-1.

Searching the forum for similar problems in the past, I found a thread asking a similar question, and ultimately it was not resolved by any suggestion and they went to an accountant instead of using Turbo Tax.

The fields I need to enter include the following. (Can I use forms mode to enter these directly?)

- Ordinary dividend income (form 1040 Schedule B, Part II, line 5)

- Qualified dividend income included above (use for Schedule D tax calculation)

- foreign tax credit information (passive income, other counties, gross income, form 1116, Part 1)

- foreign qualified dividends

- taxes (form 1116, part 2)

- 199A Reit dividends

Best answer by M-MTax

Foreign taxes would appear on Line 14 with a B code. Foreign qualified dividends would appear on Line 2

M-MTax

Level 15

You should be able to enter the GIS as if it were a K-1.

delinah100Author

Level 2

Thanks for the reply, but this doesn't seem possible, because only the top two numbers match boxes on the K-1 form: the ordinary and qualified dividend income. The labels of the final four numbers don't match descriptions on any of the other boxes of the K-1 form, so I have no idea how to enter them on a K-1.