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My client has an IRA distribution that was distributed to a trust instead of an individual. How is this handled?

sari
Level 1

How do I report this income?

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sjrcpa
Level 15

It gets reported on the trust's tax return.


Ex-AllStar

View solution in original post

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3 Comments 3
sjrcpa
Level 15

It gets reported on the trust's tax return.


Ex-AllStar
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sari
Level 1
But where do you enter it, and how do indicate that tax was withheld for the fed and the state?
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sjrcpa
Level 15
Screen 19 EDIT: This is the Lacerte answer. I don't know Pro Series.

Ex-AllStar
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