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Complex trust with QSST K-1. How do I prevent the K-1 from the S-corp from flowing through the 1041 and instead generate the statement to the beneficiary?

ggadway
Level 1
For a complex trust with a grantor portion (QSST).  How do I prevent the K-1 from the S-corp from flowing through the 1041 and instead generate the statement to the beneficiary?  Also, how do I select both complex trust and grantor trust on the 1041?
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5 Comments 5
sjrcpa
Level 15
ggadway
Level 1

Thank you.

The client made the QSST election, not the ESBT election. 

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sjrcpa
Level 15

Sorry. I misread.


Ex-AllStar
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sjrcpa
Level 15

I think you have to do two returns in the software.

Combine the relevant pages and paper file.


Ex-AllStar
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ggadway
Level 1

Thank you, I really appreciate your help!

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