Skip to main content
Employee
May 30, 2019
Solved

For a simple Trust (form 1041), schedule G, line 2a can the trust take the foreign tax credit or does it go to the beneficiary on Schedule K-1box 14b or neither?

  • May 30, 2019
  • 1 reply
  • 0 views

Foreign tax paid from 1099-DIV.  Simple trust has 100% income paid to beneficiary.  Long term capital gains retained by trust.

    Best answer by Anonymous_
    No text available

    1 reply

    Employee
    May 30, 2019
    No text available
    April 12, 2022

    How and where in Lacerte is foreign tax information shown on Form 1041?

    Employee
    April 12, 2022
    No text available