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Where do I enter the income from a 1041, Schedule K-1? Turbo tax says to treat it like a W-2, but none of the boxes line up.

 
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Where do I enter the income from a 1041, Schedule K-1? Turbo tax says to treat it like a W-2, but none of the boxes line up.

Turbo tax says to treat it like a W-2, but none of the boxes line up.

where does it say this? seems totally wrong.
a k-1 from a trust is generally entered  in the section "wages and income" > "Business items" use the k-1 link
however. if this is a grantor trust there may be items that can't be entered through the K-1

Where do I enter the income from a 1041, Schedule K-1? Turbo tax says to treat it like a W-2, but none of the boxes line up.

You need to use Online Premium or any of the Desktop programs to enter a K-1.


To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to S-Corp, Partnerships and Trusts

Schedules K-1 - Click the Start or Update button

 

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S

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