Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

How to report pass-through excess business interest expense in a trust return

detaylorcpa
Level 3

I have a trust with a partnership k1 that has excess business interest expense reported on line 13k. Lacerte fiduciary program does not support Form 8990. How do I report/track this on the trust return? Just pass it through on the k1 as supplemental info and pick up on the beneficiary's individual tax return?

 

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here