Skip to main content
Level 1
June 3, 2019
Question

Do I enter a number as a negative if it is in brackets on Schedule K-1 Form 1041?

  • June 3, 2019
  • 1 reply
  • 12 views
No text available

    1 reply

    MichaelL1
    Level 15
    June 3, 2019

    Yes, if it something like (98) I would assume that is negative.

    If other numbers are shown without brackets, then this would be a negative.

    However might want to call the Executor that sent the K-1 to you to be sure.