K-1 schedule versus 1099-R

Yes, the 1099R, if issued to you with your SSN on it, needs to be reported on your return.

The K-1 from the 1041 Estate also needs to be reported on your return.

To report the 1099R see below:

 To enter pension and annuity Payments (1099-R)

• Click on Federal Taxes
• Click on Wages and Income
• Click on I'll choose what I work on (if shown)
• Scroll down to Retirement Plans and Social Security
• On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

I was afraid you were going to say that. I was due a refund UNTIL I entered the information from the K-1 schedule, now I owe big time.
Why doesn't the TT software explicitly ask about K-1 schedule info? When I entered information about the 1099-R it asked questions about the trust, but did not direct me to filling out information about the K-1.

Be careful ... make sure that the 10099R and the K-1 are not for the same income...if they are, you should report each one and the make an adjustment on one of them to zero.......

I have an annuity inside a Charitable remainder trust. I am the beneficiary of the trust. The insurance company

wants to issue me a 1099R for the annual interest, but the Trust wants to issue a K-1 for the interest I receive. If 

the trust owns the Annuity, shouldn't the insurance company send the 1099R To the Trust?

Confused

Talk to the insurance company and  trust manager and iron this out ... only one of you will get the 1099-R or 1099-INT form not both.