Thank you so much for that information. I have been using an older versions of a tax software (TaxAct 2022) just to get a feel for the process. The software isn't allowing me to continue unless I designate to whom to generate a K-1. Do you know if TurboTax Business edition will do the same? It's going to be a simple 1041 with less then $20K from once source. Thanks again for your assistance.
