nolanm
Level 4
03-11-2021
05:36 PM
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Hi all
I have prepared the 1041 for a grantor trust, and entered the income (interest and dividends) on the grantor worksheet. This income will not appear on the 1041, but will appear on the grantors personal 1040 filing - I believe this is correct?
The cpa who prepared the trusts 1041 last year attached a descriptive statement detailing the income (was just interest last year) and the source, and attached this statement to the 1041 return. Is this statement available in Proseries? Or do I just create a template in word, similar to 2019, manually enter the income details and attach to the 1041?
Thanks for any advice
Nolan
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