5227 - Split-Interest Trust Information Return

What is the form used for? :

• Report the financial activities of a split-interest trust.
• Provide certain information regarding charitable deductions and distributions of or from a split-interest trust.
•  Determine if the trust is treated as a private foundation and subject to certain excise taxes under Chapter 42.

Is the form Supported in our program? Yes

How to access the form: To access the form, you will need to open a 1041 return on the desktop and then go to Add Form/Display, then type 5227.

Limits to the form: This form can only be accessed from the desktop software. This form cannot be copied.

IRS Publication: https://www.irs.gov/forms-pubs/about-form-5227