How to report K1 1041 form that my wife received

[rboedingwi]

My wife received a K1 (1041) form after filing deadline as she is a beneficiary of her aunt's trust.  The trust has not been settled but the 1041 form shows the minimal income her portion of the trust generated since her death and the end of 2023.  I cannot figure out how to report this in Turbo Tax premier.  Thanks.

[tagteam]

There is a section where K-1s are entered (typically under Business Investment and Estate/Trust Income).

Make sure you select the correct type of K-1 (for Estates or trusts).

[tagteam]

Also, if you're filing an amended return, make sure your tax liability actually changes after you enter the information from the K-1.