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T3 Trust Return - Federal tax on Schedule 11

SOLVEDby IntuitUpdated 1 year ago

Federal tax on taxable income at line 21 on Schedule 11 will be doubled in a scenario where all of the below applies:

  • Taxation year ends in 2016
  • Taxable income is greater than $200,000
  • The return is a testamentary trust type 903 or a grandfathered inter vivos trust

As a workaround, override the amount at line 21 with the amount from line 8.

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