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Grantor letter - Where do I enter Depreciation Attributable to Passive Activities on Proseries K-1 Trust Worksheet? Box 9a? Direct Apportioned Deductions depreciation.

georgepirint
Level 1

grantor letter - Where do I enter Depreciation Attributable to Passive Activities on Proseries K-1 Trust Worksheet?  Box 9a? Direct Apportioned Deductions depreciation.

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poolcleaner
Level 9

If it is a Grantor Trust and you are filing the trust return, nothing goes on the K-1.  It is all reported on the Grantor letter.  If you are doing the grantor's return, it is treated as if she had paid it herself and entered as if there were no trust. There is no K-1.

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poolcleaner
Level 9

If it is a Grantor Trust and you are filing the trust return, nothing goes on the K-1.  It is all reported on the Grantor letter.  If you are doing the grantor's return, it is treated as if she had paid it herself and entered as if there were no trust. There is no K-1.

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