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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 10

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 12

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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