TurboTax premium will allow entry of the K-1 and the losses shown on the form should improve your tax situation. If it turns out that they do not, you aren't required to file the return.
Once you've started the amendment process in TurboTax (see more HERE) you will navigate to Wages & Income and then "S-corps, Partnerships, and Trusts". The K-1 for an estate is the same as a Trust, so you will enter the information in this area.
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