You'll need to sign in or create an account to connect with an expert.
In addition, look at the section of your K-1 depicted in the screenshot below. You should see figures in Lines 3 and 4a.
You are right. I have to restart Turbo tax. Now K1 is right and very little tax ($17) under trust. Now sure how the $17 occurs, but it is good enough. Thank you so much!
yes I do see numbers on 3 and 4 on the K1. How may I let Turbo tax know how great you are? thx
Glad it worked out for you. No problem and you are most welcome.
Hi, may I trouble you for another question?
May you share where to enter K1 information issued to a disregarded LLC information in 1041? The LLC is wholly owned by the trust. Thx
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
desert1
Level 1
a-concerned-user
Returning Member
zorprtex2000
New Member
LaurieS
Level 1
iOne
Level 4
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.