ERIC J
Level 4
09-30-2022
11:49 PM
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I just had the same scenario. I dont have the PS Fixed Asset module to track depreciation, so I did this: . I drafted a 1041 as usual "as if" it were a non-grantor trust. Then I "Saved as" this file as the file that became my filing copy - in this new file, I changed the type of trust to a Grantor trust and populated the Grantor worksheet using the data generated by the first file, which became my "dummy file" for tracking depreciation going forward. As long as I remember not to file my dummy file with the IRS I should be OK - Ha!