
Generate Form 8855 in the 1041 module of Lacerte
by Intuit•1• Updated 1 year ago
To generate Form 8855, Election to Treat a Qualified Revocable Trust as Part of an Estate:
- Go to Screen 69, Election to Treat a QRT as Part of an Estate (8855).
- Use the overrides if the information is different than Screen 1, Client Information. Skip to Step 3 if the information is the same as entered on Screen 1. Your override options are:
- Name of estate (or filing trust) [O]
- Address of estate (or filing trust) [O]
- City, state, ZIP code of estate (or filing trust) [O]
- EIN of estate (or filing trust) [O]
- Type of entity prior to the election: 1 = domestic estate, 2 = foreign estate, 3 = domestic trust, 4 = foreign trust [O]
- Enter the Name of decedent.
- Enter the SSN of the decedent.
- Enter the Date of death of decedent.
- Enter the Name of executor (or filing trustee).
- Enter the Date of executor's appointment.
- Click on Qualified Rev. Trust 1 from the top left navigation panel.
- Enter the Name of trust.
- Enter the Name of trustee.
- Enter the Address of trust.
- Enter the City, State, ZIP code of trust.
- Enter the EIN of trust.
- Click on Add from the left navigation panel to add additional Revocable trusts.