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Level 2
April 18, 2023
Question

Schedule K-1

I received a K-1 for inheritance from a trust. Only Box 2b, 4a, 5, 12 and 14 have an amount. I can't submit my final tax return until box 2a is filled in and 0 in that field doesn't allow me to finalize. Suggestions?

3 replies

PatriciaV
Alumni - Intuit
April 18, 2023

Enter the same amount for Box 2a that is reported for Box 2b. Qualified dividends are also Ordinary dividends. The trust may have missed that entry.

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Level 2
April 20, 2023

I tried the $1 and was able to submit my tax return,  we'll see 🙂  thank you

Mike9241
Level 15
Level 15
April 18, 2023

this may present  a problem for you if 2a is greater than 2b - no way to know. contact the executor or trustee.  

Mike9241