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How do I enter information into Part III Income or Loss from Estates or Trusts?

 
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How do I enter information into Part III Income or Loss from Estates or Trusts?

You should have a K-1 form from the Trust.    If you received a Schedule K-1 and need to enter it in TurboTax, using the search bar in your TurboTax program, type in  k1 or k-1 (small k) and click Find.  This should give you a Jump To link to go directly to it.

 

OR

To enter a K-1 go to

Federal on left or at top

Wages and Income

Then scroll way down to Business items

Schedules K-1, Q - Click the Start or Update button

 

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S

 

 

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