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I have many capital gains for Schedule D on a 1041 this year and do not want to attach the brokers statement of gains and losses as they will be reported under the deceased Social Security number since the trust number and the trust account did not get set up until after the transactions.
I can note the adjustments on the return. The Schedule D seems to only be allowing 2 transactions. How can I add an additional schedule D form?
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Are you saying you want to do it the right way? Then just attach the pages that show the post mortem transactions. Add them up and just show the total on the 1041 Schedule D. The problem you might have is with the 1040, where the transactions you report will be less than what is on the 1099-B. I think there are some instructions on how to deal with these as "nominee distributions."
You really think anyone at IRS is going to look at whatever you attach to the 1041? As they say at IRS, "ask me if I care."
Just-Lisa-Now-
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"The Schedule D seems to only be allowing 2 transactions."
You can make as many entries on Sch D as you'd like, once youve completed one, just keep hitting the Enter button or Page Down button to go down to the entry table.
When those first 2 fields are empty it only looks like you can make 2 entries, but once youve got those first 2 completed, you're allowed to move forward and fill out more.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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here is the error message
"the submission contains a form or schedule that MeF is not accepting as a binary attachment"
i am attaching pages from LT capital gains from the 1099B
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sorry left off that it is a 1041
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I had the same issue and just figured it out.
When you choose the type of attachment, you have to choose "Other". In the "Schedule & Description" column, type the words "Exception to Reporting". When you click "OK" on the attachment window, the error will go away.
