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If 1065 K1 partner is a grantor trust. What partner entity type to select?

 
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6 Comments 6
sjrcpa
Level 15

Is Disregarded Entity a choice?


Ex-AllStar

Yes. 
however, when i select DE, i get red error when typing in ssn of individual whose grantor trust it is. How to fix?

i already used EIN of grantor trust for partner. 

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sjrcpa
Level 15

I think you're doing it backwards, but I don't use ProSeries.

Look at the front of the K-1 to see how it is supposed to be shown.


Ex-AllStar

Thanks. its correct. Support is not able to help either.

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Terry53029
Level 14
Level 14

Once you fill in additional partners, the error will go away

didnt work. 

How do i show entity type as grantor trust. If i select DE, then disregarded entity is defaulted to the entity type. I cannot overwrite that field.  

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