turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

1041 concerns for trust

delete this
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

1041 concerns for trust

You could not possibly have generated a 1041 with an online TurboTax program.

 

If you have a 1041, you should either have a K-1 or, more likely, a grantor information statement (since it appears as if you have a grantor trust).

 

1041 concerns for trust

If this is a grantor trust (presumably), then you need to enter the information from the statement into your personal tax return (or use the tax reporting statements if you have them).

1041 concerns for trust

Where on the tax return is the Grantor Letter information entered?

1041 concerns for trust

The grantor information statement should have descriptions of the types of income/gain, etc. and the amounts.

 

You have to enter each item in its respective part separately.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question