1041 information for the October 2nd filing deadline
As the deadline quickly approaches we have put together some resources for the most commonly asked questions to help get you through. For important information to see when the returns are due see Deadline and Perfection Periods
Most common answers:
- How to amend Form 1041 for an estate or trust
- How to print a Schedule K-1 package
- Allocating specific items to a beneficiary or trust
- How to make capital gains taxable to fiduciary instead of beneficiary
- Entering distributions for beneficiaries on Form 1041
- How are estates and trusts defined in the Fiduciary module?
- Generating fiduciary Form 5227 for a charitable trust
- Form 1041-QFT: Qualified Funeral Trusts
- Entering a sale of home for Form 1041
- Determining the Name Control for Form 1041
- How to flow tax withholding to the K-1 in a final year 1041
- How to enter a passthrough K-1 in the fiduciary return
- Form 1041 Grantor Trust and entering beneficiary information
We've also been hard at work creating articles for common tax scenarios and diagnostics for ProConnect. Over the past few month's we've added almost 700 new articles to help answer common questions. View ProConnect help articles here or by selecting Help > Help portal from the lower left corner of the program.
