1041-US: Form 5227 FAQs

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

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

Characters left:

Change to CS Support service hours

Our Support department is closed on [[date]]. However, limited UltraTax CS phone support is available on that date from 9 AM - 5 PM ET due to the approaching deadline.

Links to our most popular tax processing topics are available in the Alerts and notices section on the right side of most pages.

The following includes answers to common questions about Form 5227.

Can a pooled income or charitable lead trust return with Form 1041 and Form 5227 be electronically filed?

Why is Form 5227 not fully completed for a charitable lead trust or a pooled income fund?

How is gross income reported on Form 5227, Box D calculated?

Why are the amounts on Schedule K-1 not proportional to the income types on Form 5227?

Why is Schedule D not fully completed for a charitable remainder trust?

Why isn't the capital loss limited to $3,000 on Form 5227, Page 1, Part I, Section B?

How is the unitrust distribution calculated?

Why are 28-percent capital gains and unrecaptured section 1250 gains not proportional to total long-term gains on the Schedules K-1?

Related topic: 1041 frequently asked questions

Share This