K1 1041 Box 11 Code E and F

[lesmir302]

Received a beneficiary K1 1041 , Entered Final K1 for estate, it had figures for box 11 E and F. 

Should I now go to other income and enter NOL for E NOL Carryover and F Alternative Tax NOL to match box 11 figures from K1 screen? or does turbo tax automatically does this?

[tagteam]

You should enter the figures from Line 11 (E and F) into the program. TurboTax will perform the requisite calculations.

However, you will need to figure any carry over to the 2024 tax year, if applicable, since TurboTax will not calculate an NOL carry forward.