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letitbe
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Where do I add from interest from a trust k-1 (541)

I am a beneficiary on a trust and have received a schedule k-1 (541) where do I add this to my taxes?
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Where do I add from interest from a trust k-1 (541)

That form is a California-specific form so you would report that income on a California individual income tax return if you are required to file one.

 

See https://www.ftb.ca.gov/forms/2020/2020-541-k-1-instructions.html

 

The income is California source income and a nonresident, which I presume you are, may have to file a California income tax return if the filing threshold is exceeded.

 

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Where do I add from interest from a trust k-1 (541)

That form is a California-specific form so you would report that income on a California individual income tax return if you are required to file one.

 

See https://www.ftb.ca.gov/forms/2020/2020-541-k-1-instructions.html

 

The income is California source income and a nonresident, which I presume you are, may have to file a California income tax return if the filing threshold is exceeded.

 

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