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Filing

Amend a fiduciary return

You can use Form 1041 to file an amended return.
  1. Select
    File
     then
    Open Client
     and select the return to be amended.
  2. Select
    File
     then
    Save As
    .
  3. Enter a new client ID to preserve the original information then select
    Save
    .
  4. Close the preserved return and open the original return to modify the income, deductions, or beneficiary information as necessary.
  5. Select the
    General
     folder.
  6. On the
    Amend
     screen, enter data in the statement window for the
    Explanation of changes
     field to explain the changes made to the original return.
    note
    To show that you amended Form 5227, enter the explanation in the
    Amended return explanation
     field on the
    SIT
     screen in the
    Split-Interest
     folder.
  7. Enter data in the
    Amounts as previously reported:
     fields, as applicable. If you've entered information in the
    Explanation of changes
     field, these amounts will apply to the return, as applicable.
    note
    • To amend a return for Illinois, Massachusetts, Minnesota, or Pennsylvania, you'll need to enter
      X
       in the
      Transfer original information
       field on the
      Amend
       screen for the applicable state. Then, change any information at the federal level to complete the fields with the original information.
    • Form 1041, Schedule K-1 and Grantor/Agency Report are marked as amended when there's an entry in the statement for the
      Explanation of changes
       field on the
      Amend
       screen.

This article applies to:

  • Product: UltraTax CS
  • Return type: 1041 Fiduciary

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