K-1 Form1041 Beneficiary for a trust account.

[stonerkm]

What line do I use on !040 tax return?

[Critter]

A K-1 form has many tax items on it because it is a CONSOLIDATED form   ... there is no ONE place to enter all the info ...

To enter a K-1 go to 
Federal Taxes Tab ( Personal in the H&B versions )
Wages and Income
Choose Explore on my own or I'll choose what to work on  (if it comes up)
Then scroll way down to Business Items
 S-corps, Partnerships, and Trusts.  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

[Anonymous]

TT takes the numbers you enter on the K-1 input screen and adds them to the proper form or schedule.   do not reenter those numbers on the forms or schedules.