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New Member
posted Mar 13, 2021 2:52:16 PM

I have a schedule K-1 from a trust I inherited last year. I entered the info from that but now TurboTax is requiring me to enter 1098-DIV. what do I enter for that?

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2 Replies
Level 12
Mar 13, 2021 4:22:08 PM

K-1 and 1099-DIV are separate statements....enter them both if you received one of each.

New Member
Mar 13, 2021 4:39:24 PM

I inherited a trust last year. The assets were liquidated and dispersed as cash.  The dividend interest is reported on the Schedule K-1. I do not have any 1099-DIVs as I did not directly inherit any stock.  According to other questions I’ve found here, TurboTax takes the K-1 info (which is showing as $0 in the income summary even though all the K-1 info is entered) and puts it indifferent places, like under 1098-DIV. However, this isn’t being transferred in my case. TurboTax keeps asking me to enter the 1099-DIV info.