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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
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Grantor Trusts
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Grantor Trusts
Grantor Trusts
Submitted by alasko on 08-14-2023 07:29 PMA Grantor Trust return does not generate a summary of Grantors with the tax allocation by grantor in much the same way that the Partnership program will reflect the allocation of tax items.
The program does generate a listing of grantors names and addresses.
A partnership return also reflects a per partner percentage summary....why can't the grantor trust return have the same information.
Can the program provide more information on a per partner basis?
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