Is there a trick to generating CA fiduciary Form 541 Schedule G?

Forum|Forum|4 years ago
August 11, 2021
1 reply
14 views

I have input the residency of the fiduciary on Screen 1 client information (non CA resident) and also the residency of the beneficiary (CA resident), but the Sch G on Form 541 (Side 3) doesn't populate. Is there another input that triggers it?

Lacerte Tax

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K

Karen_pdxAuthor

Level 5

Further update, I did find in the instructions that Sch G is not required when all the beneficiaries are CA residents, so that takes care of this particular fact pattern, since the single beneficiary is a CA resident.

However, in playing around with the inputs, I tried setting both trustee and beneficiary as nonresident, and even then the Sch G did not populate. Just for knowledge sake, if someone knows how to trigger Sch G to populate, I would appreciate knowing.

K

KarenA

Level 2

Per discussion with Lacerte, Schedule G only populates if the return type is a trust. The problem is if the return is for a Revocable Trust for which you did a 645 election i.e. treat as an estate. Then Lacerte will not populate Schedule G since this tax return will have a return type of "Decedent's Estate" and not a trust. ProSystem FX has an override box in their input which states "Force Schedule G" for this situation. Lacerte also needs a similar override box to take care of Revocable Trusts which have filed a 645 election and have either a CA resident trustee or CA resident beneficiary.

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