Nilguhm
Level 1

I am trying to prepare a 1041.  The trust owns shares of an s corp that made an ESBT election.

The income from the ESBT is from a different state than the resident state of the trust.  The resident state has additional investment income.  I cannot seem to get the correct state income for each state.  Plus, the K-1 income from the s corp is being counted twice on the federal return when I switch to a complex trust type return.    

Anyone have any solutions or workarounds?

Thanks.

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