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Level 2
June 6, 2019
Question

I received a Schedule K-1 (Form 1041) . I entered that amount, but , no amount was indicated on main page . Is this amount still being counted on my Federal Return?

  • June 6, 2019
  • 1 reply
  • 2 views

I received a Schedule K-1 (Form 1041) . I entered that amount, but , no amount was indicated on main page . Is this amount still being counted on my Federal Return?

1 reply

Level 15
June 6, 2019

" Is this amount still being counted on my Federal Return?"

Yes, since any amount you enter from a Schedule K-1 is disbursed, wherever it needs to be inserted on your income tax return, automatically by TurboTax.