I have a new tax client who has a grantor trust. I was able to do his grantor trust return with no problem.
But I am unable to find where I enter the amounts that need allocated on his individual tax return. From the previous tax return, it shows a similar worksheet found in the 1041 but I am having difficulty finding it on the 1040 forms.
Can someone help me as to where I need to find this section in the 1040 individual forms?
When looking at their previous tax return, it shows the interest, dividends and capital gain amounts on a similar Amounts to allocate from a grantor trust worksheet. That is what I was looking for to apply that same information.