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Did you have a question about a grantor information letter?
I received the letter, but do not know how to enter the SCH D information on the lines they dictate in TurboTax.
@nolajudd wrote:
I received the letter, but do not know how to enter the SCH D information on the lines they dictate in TurboTax.
Enter that in the Investment Income section under Stocks, Mutual Funds, Bonds, Other.
If the letter provides you with limited information (such as amounts only for long-term and/or short-term gain), then you can enter those items in the same manner as if you had received a K-1 (click the Start or Update button to the right of Schedule K-1 and select Estates or Trusts (Form 1041).
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