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Level 1
March 23, 2022
Question

For Form 1041, trying to figure out how to load the Trust owned IRA distribution from the 1099R?

  • March 23, 2022
  • 1 reply
  • 3 views

In this case, the trust owned IRA distribution gets distributed to the same trust with non-IRA assets. For that trust, income doesn't have to be distributed to the beneficiaries.

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1 reply

sjrcpa
Level 15
March 23, 2022

Other income.

The more I know the more I don’t know.