mepayne59
Level 1
The trust owns C-Corp stock and is making a QSST election.  Therefore, part of the trust is reporting as a "grantor trust" for the S-Corp activity.  It also holds partnership interest and is required to distribute all income, therefore is also a "simple" trust.  Is there a way to get both boxes checked on page 1 of the 1041, and then just have a footnote on the K-1 for the QSST activity?