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As bene on my late mom’s trust, I received a final Sch.K (form 1041) that lacked totals for sections 11A and B (requested by Turbo Tax). Instead, an attached Statement itemized amounts that don’t add up.
I hope the community can help me figure out what to upload into my 2023 disc version (TT Home/Business).
The attached Statement includes:
Box 11 – Excess Deductions on Termination
Box 11(A) – Excess Deductions on Termination
Box 11(B) – Excess Deductions on Terminations – Non-miscellaneous Itemized Deductions
The total of Statement Box A and B does not equal the “excess deduction on termination” in Statement Box 11.
Should I:
Thank you for any advice.
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Thank you very much for this very clear advice.
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