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Tt 141a Form

Tt 141a Form

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Instructions and help about Tt 141a Form

okay for this video I wanted to go over a simple example of a form 1041 for 2022 and specifically this is for a grantor type truss so I've got a couple of pieces in front of us obviously the return itself here which we'll go through and then as far as supporting documents we do have a 1099 a Consolidated 1099 that was uh so a brokerage account that was open for the trust we do have a profit and loss statement for an LLC that's owned by the trust so we'll get into all these pieces later and then I do have one slide here just some background on the reporting and then the fact pattern that we're going to be working with so what are we going to cover so again this is a 1041 tutorial for a trust formed in Florida and it is a revocable grantor trust right there's a lot of different types of trusts out there in this one when we talk about grantor trust reporting on 1041s it has to be a grantor type trust right so we have a revocable grantor type

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