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Old 04-15-2017, 11:44 AM
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Can a trust issue a k1 to a subtrust?

The original trust was split upon the grantor's death. The trust is required to distribute all income. I received a k1 from the original trust listing my trust (one of the subtrust) as the beneficiary. I'm wondering if this is right. I'm doing a 1041 for my trust and plug the k1 into turbotax business to get a k1 listing myself as the beneficiary to use with my personal return. But, this k1 also has lower numbers then the one issued from original trust.

I'm thinking the k1 from the original trust should list me as the beneficiary, and not my trust.



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