Prepare Form 1040NR for a foreign estate

You can use Form 1040NR to file a nonresident return for a foreign estate.
  1. Open the
    1041
    screen in the
    General
    folder, and enter
    X
    in the
    Prepare Form 1040NR
    field.
  2. In the
    Income, Deductions, and Activity
    folder, enter income and deductions that are effectively connected with a U.S. trade or business.
  3. Go to
    View
    then
    Beneficiary Information
    and enter the beneficiary name, address, and allocation information to prepare Schedule K-1 equivalents for the beneficiaries.
  4. Open the
    1040NR
    screen in the
    General
    folder and enter any necessary information in the General Information section.
  5. In the Income Not Effectively Connected section, enter data to report income on Form 1040NR, Page 4, Schedule NEC. UltraTax CS reports withholding amounts you enter in this section in the Form 1040NR, Page 2, Payments section.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close