1041-US: Electing small business trusts FAQs

Alerts and notices
Leave feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.

Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to transmit e-files from CS Connect. Find out more.

The following includes answers to common questions about electing small business trusts.

Why is none of the capital gain taxed at a zero-percent rate when the ESBT ordinary taxable income is less than $2,550?

Why are Form 1041 income and deduction sections not completed for an electing small business trust (ESBT) when the return only has S Corporation income?

Why is the S corporation income excluded from Form 1041 when the return is an electing small business trust (ESBT) and the return has non-S Corporation income?

Where is the tax calculation displayed for an electing small business trust (ESBT)?

Related topic: 1041 frequently asked questions

Share This