Form 8960 for a Trust not picking up expenses from page 1 of Form 1041

Forum|Forum|7 years ago
March 25, 2019
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Reviewing my Form 1041 for a trust. Not initial or final return.

Deductions on page 1 for taxes (state income tax) and accounting fees not pulling over onto Form 8960.

Income taxes are not a "Misc itemized deduction" on a 1040, so that should not be an issue with a trust return.

Question: How to pull them onto the form 8960? Is there a "forms mode" I can switch into?

Thank You!

N

NCPERSON1

in reviewing how the ProSeries program works (also a Intuit product) and reading the IRS instructions, I suspect it's a field to be manually populated as only state taxes and no foreign taxes or. sales taxes can be placed on form 8960. I am surprised there is no commentary from TT in its program

line 9c is the misc. line so since all misc deductions are not deductible through 2025, it's a challenge to put anything here. The accounting fees would have to be directly attributable to the investment and not fees for other purposes to be deductible