Skip to main content
Level 1
September 26, 2020
Question

Where do I enter the excess deductions on the termination of a trust into the 1040 system? It is on the trust K-1 input sheet but does not come out on the 1040.

  • September 26, 2020
  • 1 reply
  • 6 views
No text available
This topic has been closed for replies.

1 reply

George4Tacks
Level 15
September 26, 2020

The diagnostic points to https://www.irs.gov/forms-pubs/reporting-excess-deductions-on-termination-of-an-estate-or-trust-on-forms-1040-1040-sr-and-1040-nr-for-tax-year-2018-and-tax-year-2019

You can made the entry for ED67(e) in Screen 24 > Other Adjustments > Other (Ctrl + E) 

Answers are easy. Questions are hard!