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akoluch
New Member

My funeral trust in Indiana didn't send a real K-1 form, instead they sent a letter stating what they filed, and it is supposed to be 127.00 of income, help!

They sent a very sketchy letter, which just shows an abbreviated gain and loss statement, how do I get the 127.00 to show as income?
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akoluch
New Member

My funeral trust in Indiana didn't send a real K-1 form, instead they sent a letter stating what they filed, and it is supposed to be 127.00 of income, help!

Hello:

The solution was to request that the association send Form 1041, Schedule K.

Andrew

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2 Replies
akoluch
New Member

My funeral trust in Indiana didn't send a real K-1 form, instead they sent a letter stating what they filed, and it is supposed to be 127.00 of income, help!

Hello:

The solution was to request that the association send Form 1041, Schedule K.

Andrew

IsabellaG
Employee Tax Expert

My funeral trust in Indiana didn't send a real K-1 form, instead they sent a letter stating what they filed, and it is supposed to be 127.00 of income, help!

If this isn't a US entity, and you don't get a Form K-1 from this, enter the income as Other Income.

  • First, go to Federal Taxes and select Wages and Income.
  • Scroll down to Less Common Income
  • Choose the last item, Miscellaneous Income
  • On Let's Work on Any Miscellaneous Income choose the last selection, Other reportable income (at the bottom of the list).
  • Type in the description and the amount.
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