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June 1, 2019
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Do I need to file a schedule E with the form 1041 for a Grantor Type Trust that contains a rental property?

  • June 1, 2019
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The rental property was the Grantor's primary resident before she was placed in a memory care facility.  The property was signed over to the Trustee (Quick Claim Deed) and placed with a realtor and rented.  I prepared a schedule E so that I could determine the profit or loss and calculate the depreciation so that I could put that information in the Grantor's letter that is attached to the 1041 return.  I'm using TurboTax Business (Windows) and there doesn't appear to be a way to generate a rental schedule E with that software.  I had to manually generate it.  Now I appear not to have a way to add it to my E-File return.  I will manually file it, but I need to know what documents to file with my return.  Just the form 1041 and the Grantor Letter or the 1041, Grantor letter, and the schedule E?

Best answer by Anonymous_
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Employee
June 1, 2019
No text available
March 9, 2022

Is it possible to complete a form 1041 for grantor trust in Turbo Tax for home and business?

Employee
March 9, 2022
No text available