capital gains final trust return

[detaylorcpa]

Can you override the capital gain distribution on a final form 1041? The trustee wants them taxed in the trust and not passed through to beneficiaries. I have critical diagnostics (#25547 and #25538). Will these preclude me from efiling the return? or can they be by-passed or overriden?

[Strongsilence-CPA]

I hope this helps you.

Solved: Trust Capital Gains taxation - Intuit Accountants Community

[BobKamman]

No.  But is it really a final return?  If all the funds have been distributed, how are you getting paid?

[pat]

For the tax on gains: What does the trust document say? Did you review screen 43? 

I am not familiar with the error codes. You can try the e-file validation option under print to see if it will e-file.

[dd11]

Did you get an answer on this? Were you able to efile?

I'm in the same situation.

[detaylorcpa]

I believe I was able to efile them - the critical diag's did not prevent me from efiling the return.

[dd11]

Thank you