Generating fiduciary Form 5227 for a charitable trust in ProConnect Tax

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.