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K-1 Partner Entity Type is Revocable Trust

Hatterasman
Level 1

Choosing type R for Revocable Trust,  getting an error when trying to enter a name and SSN for the disregarded entity.  Choosing DE, getting an error when entering a SSN says FEIN is required.

What's the correct way to complete the K-1 for a Revocable Trust?

Thanks!  

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4 Comments 4
ljr
Level 8

if it's revocable isn't all the info in the persons social security number and it would just be input directly onto the personal return

dascpa
Level 11

Enter I for individual, it is not a trust that requires a different code until the person passes and it becomes irrevocable.

Hatterasman
Level 1

Yes, but working on the partnership return.  The partner is a revocable trust.   

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Just-Lisa-Now-
Level 15
Level 15

A revocable trust reports on a 1040 with an SSN, just like an individual, the program may be expecting an EIN for a trust of any flavor.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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