Level 3

Hi sjrcpa!  You answered a question for me in TaxProTalk regarding revocable trusts blowing the CPAR elect out.

So now I'm trying to complete the H-2 section.  I had another CPA tell me that if the taxpayer has a revocable trust that part of the K-1 needs to be completed.

Not sure if I'm doing this area correctly.  The forms view doesn't say anything about Fiduciary but it asks for this in the input.  Then in the input it asks for beneficial owner partner type so I put Individual and that fed to the forms view of the K-1.  This is what I have after doing the input:


Screenshot 2022-02-19 101619.jpg

0 Cheers