ThomasM125
Expert Alumni

Get your taxes done using TurboTax

You need to enter the trust schedule K-1 in the Wages and Income section of TurboTax, then Business Investment and Estate/Trust Income, then Schedule K-1. As mentioned by the CPA, it appears the gain or loss on sale of the property is entered on the schedule K-1. If so, you should not enter it separately.

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