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BUG in TT Business, does not fill out K1 correctly
I've posted another question about this, but I believe there is a bug in TT Business. I'm doing an estate return for my deceased father. The "Step-by-Step" interview asks me to list the beneficiaries, and then it asks for their personal information, SSNs, addresses, etc. but it does NOT ask what percentage of the estate each beneficiary is supposed to get. I have to go to the K1 form and fill this out directly. THIS IS STUPID. If I wanted to fill out my forms, I would get free forms from the IRS. If TT wants me to manually fill out forms IN ADDITION TO the interview, it should give me a dialog box saying what line on what form. Every other software, like TaxAct online, asks you for the percentage.
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‎February 23, 2024
10:20 AM