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New Member
posted May 31, 2019 8:34:06 PM

I received income as a trustee. Where does this go, and how do I claim it?

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1 Best answer
Level 15
May 31, 2019 8:34:08 PM

"Where does this go, and how do I claim it?"

Assuming you are not a professional fiduciary, compensation for being a trustee is miscellaneous income and would wind up on Line 21 of a 1040 (Other income). 

Follow the screenshots below to enter the amount of compensation you received as trustee in TurboTax.

1 Replies
Level 15
May 31, 2019 8:34:08 PM

"Where does this go, and how do I claim it?"

Assuming you are not a professional fiduciary, compensation for being a trustee is miscellaneous income and would wind up on Line 21 of a 1040 (Other income). 

Follow the screenshots below to enter the amount of compensation you received as trustee in TurboTax.