Taxpayer owns S Corp through grantor trust. The S has always given the K-1 to the trust, the trust files a 1041 and gives the beneficiary a grantor letter laying out the income to be picked up on 1040.
The S Corp wants to take around $50K in Sec 179 but I don't see how to run this through the grantor trust in Lacerte. In other words, the K-1 export is not picking it up and I don't see an input box to get the 179 on the grantor letter.
I believe Sec 179 should run through the grantor trust and land on the 1040. Am I missing something?
Thanks