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Level 5
May 2, 2024
Question

Schedle B on trust 1041

  • May 2, 2024
  • 3 replies
  • 38 views

Why is there no Schedule B on the Form 1041 I filed for a trust for which I'm the trustee?

 

There's an Interest & Dividends Worksheet on my printed copy of the return, but no Schedule B, and when I switch to Forms and type Schedule B into the window, I see only four entries for Form 1116 and a QBI Schedule B aggregation statement. Why is Schedule B required for individuals but not for trusts and estates?

    3 replies

    Level 15
    May 2, 2024
    No text available
    Level 5
    May 2, 2024

    Okay, thanks. Seems weird, though. Why should it be deemed necessary for my 1040 but not for my trust 1041? And it does make cross-checking more difficult!!

    Level 15
    May 2, 2024
    No text available