patrizia
Level 1
03-26-2023
12:33 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Please help!
- 8-2-2019 rental established and filed 1040
- 5 months rental
- 2020 filed 1040
- 12 months rental
- 4-16-21 rental turned to personal residence
- 3.5 months rental
- Regular 27.5 depreciation/no 179 depreciation
- 1-19-22 Grantor Trust established
- Grantor Taxpayer
- Mother Trustee
- Son Beneficiary
- Transferred rental/residence into Grantor trust
- 7-12-22 sold rental/residence
On the 2022 tax return 1040 how do I INPUT the transfer to the Trust?
- I put in the Asset worksheet the date of disposition 1-19-22 with no cost
- The program is asking me to input FAIR rental days (in red) on SCH E worksheet, therefore I cannot electronically file???
Grantor Trust
How do I input information?