You'll need to sign in or create an account to connect with an expert.
No, the K-1 income will flow over to your GA income tax return (Form 500), but not to Form 501 (Fiduciary Income Tax Return). TurboTax does not handle that form.
You would complete the 501 only if you If you’re filing a 1041 on behalf of an estate or trust which can be done in TurboTax Business. If this applies to you, see this article: https://turbotax.intuit.com/tax-tools/tax-tips/General-Tax-Tips/Video--What-Is-a-Fiduciary-Income-Ta...
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Shiney2
Level 1
amyroz9
New Member
likesky1010
Level 3
gk5040
Level 3
rahosmer
Level 2