Get the free form 1041 2019-2020

Hello and welcome to text project number three instructions um here are my instructions so you will actually be working on problem 14 56 from the textbook I have brought you a problem 1455 as a sample so first you print both of these pages out problem 14 55 56 once you print this out you will also print out then the solution that I applauded you for problem 1455 just like those other projects you will go step by step and fill out all the schedules required to be filled out now there's going to be slight variation in this problem there and I have explained that over here in 1456 there are corporate bonds that are sold for gain of 2,200 Schedule D will be required for date acquired you may have put before 2012 so there it says date acquired I'm talking about over here you can put down before 2012 and for date sold you can put down and I have explained that over here as well um 2012 that's it just two down and then show gain of 2200 so if I go back here you know before 2012 2012 and then just for 2200 over here and that should suffice okay that should be enough and then the answer to match in this case it's only going to be one line which is your taxable income trusts taxes are not that difficult but they nevertheless are very important for you to understand in the sense that when you start your tax practice there won't be many people who do taxes okay but you have getting an exposure to that actually helps you make a decision as to whether you want to get involved in trust taxes or not so it is important that you understand the taxes and as always I have always believed that the best way to learn taxes is to actually look at a previous year's tax return or a very similar tax return and go step by step so with that said let's go ahead and let's get started with this hopefully you will do a good job like it another two other two tax returns as well and it should be a great learning tool for you thank you