Solved
Section 645 Election
Acting as Fudiciary for a Family Trust. Attempting to file FORM 1041 for a Family Trust classified as a Simple Trust for first time using TurboTax Business. What is a Section 645 election?
A Section 645 election is where you treat a qualified revocable trust (QRT) as part of the estate. You file one return (an estate income tax return) for both the trust and the estate.
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