RC18
Level 3
02-28-2022
01:34 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Best Answer Click here
Labels
sjrcpa
Level 15
02-28-2022
01:39 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
You don't. If a grantor trust is filing a 1041, you get a Grantor Trust Letter which lists all the stuff to put on the Grantor's 1040.
The more I know the more I don’t know.
RC18
Level 3
02-28-2022
01:44 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
This is also used for the State K-1 as well?
sjrcpa
Level 15
02-28-2022
05:22 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
As far as I know states follow the federal rules for Grantor Trusts. Check the instructions for your particular state.
The more I know the more I don’t know.