Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- Filing 2021 Short-Year Trust Returns
Filing 2021 Short-Year Trust Returns
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
mtlmihelich
Level 2
10-27-2021
05:29 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Background: I have two short period 1041's to file and the 2021 tax forms are not issued yet. The IRS says to use the 2020 Forms and note the short 2021 period on the top of page 1.
So ... two questions:
1 - As I will be filing using a 2020 form ... I assume I prepare the return using the 2020 software and adjusting the dates, etc as advised. Is this correct ?
2 - If I already filed a 2020 return for the calendar year ... Based on my approach in question 1 above, How do I set up a second 2020 return in Lacerte to prepare the 2021 short period ?
All assistance welcomed. Thanks so much.
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
1 Comment 1
sjrcpa
Level 15
10-27-2021
06:24 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
1. Yes
2. Copy the 2020 file, rename it and change everything that needs to be changed and enter SY info. Or start a a new file from scratch with a different name. Pick your poison.
3. File extensions and wait for 2021 forms.
The more I know, the more I don't know.
