Thank you, @DaveF1006 . I want to make sure I am not missing something... We have a CPA doing the tax return for the Estate/Trust, so I am almost positive that the 1041 form is going to be reported with that return. On this return, my brother and I (the beneficiaries) owe no tax from the Trust/Estate (if that matters).
My questions is whether or not I need to do anything with my personal tax return. The CPA sent me a K-1 and a K-1-T form, with a "canned" note: "The information provided in this (K-1) schedule should be entered on your personal tax return in accordance with the instructions page." I have no idea what that means, and my CPA has been less than communicative (it's a couple days before Tax Day -- I get it!!). Does anyone have any clue what I do with the K-1 as far as my personal return is concerned?? The 1041 has been submitted on the Trust tax return, so we are all set on that front. Sorry for being so dense on this issue!!
