2025 TT ONLINE K1 box 11B

Forum|Forum|4 months ago
April 1, 2026
1 reply
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Hello

I entered values from Box 11A B C and D. TT mentions for Box 11B I need follow up with entries in other Topics in TT based on what is listed on K1 non-miscellaneous deductions

I’m not clear what to enter where. Below is what is listed on K1 (numbers are made up)

Adjusted total income from form 1041 Line17. -$1000

Add: Charitable Deduction $200

Add: Net Capital Loss $300

Allowable Excess Deductions on Termination -$500

Less: portion attributable to Section 67(e) Expenses $50

Allowable Excess Deductions- Code B. -$450

Beneficiary’s Portion. $1200. (This valve is shown in Box 11B

can you please guide is any of the above needs to be entered on other sections of my return?
thanks

TurboTax Premier Online

PatriciaV

Level 15

According to the IRS Instructions for Schedule K-1 (Form 1041) Box 11, any non-miscellaneous excess deductions may be reported on Schedule A. Where you report these deductions depends on the breakdown provided by the fiduciary.

If you don't have enough total itemized deductions on Schedule A to exceed the Standard Deduction, you don't need to enter these excess deductions at all. See this article to determine your Standard Deduction based on your filing status: What's my standard deduction for 2025?

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