Drake Tax - 1041: 645 Election and Form 8855

How to make a 645 election on a 1041

Form 8855 is the Election to Treat a Qualified Revocable Trust as Part of an Estate. To make the election:

1. On screen 1 enter:

   • A Type of Entity - mark Decedent's estate and complete the associated decedent information fields.

   • G Select Estate or filing trust made a section 645 election check box and enter the EIN of the related trust in the adjacent field. Item G appears near the top of the 1041 in View/Print mode.

2. On the ELEC screen, select Section 645 treat QRT as estate. This produces the required ELECTION statement in View/Print mode.

3. On screen 8855, complete all relevant fields.

Making a 645 election on Form 1041 does not prevent it from being e-filed, but printing, signatures, and paper-filing are required for Form 8855.