What software is everyone using for Form 5227 Split Interest Trust since ProSeries refuses to add?

Forum|Forum|3 years ago
May 5, 2023
4 replies
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I've been told for years that ProSeries is going to add Form 5227 and it's still not there. They charge me for using LaCerte for this one return each year and I absolutely hate it. It takes me twice as long to prepare the return as it should by the time I download and figure out where to enter everything. Even the much cheaper Drake offers this form so I'm thinking about trying them out instead of using LaCerte. Plus I don't like paying additional for something which should be included in my ProSeries Professi

ProSeries Professional

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IRonMaN

Level 15

Who in the world has been telling you that ProSeries is going to provide the form? After centuries of begging I gave up years ago. I used to prepare 4 of those buggers when I first started begging but now I’m down to one due to clients dying off that needed the form. For years I used other software that provided fillable forms. Lately I have just being doing them by hand. They aren’t pretty, but it gets the job done.

Slava Ukraini!

T

Taxtime3

Level 5

I use Thomas Reuters Onesource Trust tax. However, fiduciary returns are the bulk of what I do.

Taxes-by-Rocky

Level 7

Technically, the IRS is "mandating" efiling of Form 5227 next year....but I'll believe it when I see it. See instructions to form....where it looks like wishful thinking there as well.