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Generating fiduciary Form 5227 for a charitable trust in ProConnect Tax

SOLVEDby Intuit1Updated August 25, 2023

Follow these steps to generate Form 5227 for a charitable trust:

  1. Go to Input Return General Client Information.
  2. Scroll down to the Miscellaneous Info section.
  3. Locate the Type of Entity field & select 6= Charitable Trust.
  4. Select Charitable Trust from the Type of Charitable Trust dropdown menu.
  5. Complete all other applicable information on this screen.
  6. Go to Input Return Beneficiary/Grantor Info.
  7. Complete any applicable information for each beneficiary.
  8. Select Annuity/Unitrust Distribution. 
  9. Enter the Percentage (xxx.xxxxxx) for each beneficiary.
    • This should be no less than 5% and no more than 50%.
  10. Complete all screens applicable to the trust including screens listed under Income and Deductions.
  11. Complete any applicable information in the following areas:
    1. Go Input Return Char. Returns Form 5227.

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