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Schedule K-1 Form 1065
There were four members in the LLC established for the farm -- two were trusts and two are individual partners. One of the beneficiaries of one of the trusts died. My husband receives a Form 1065 and because of his brother's death, things were manually calculated this year. So instead of seeing numbers in Box 1, I now see them in Box 11. However, it doesn't seem like the income was added to our overall income. Seems like self-employment taxes were calculated as was QBI. But I am wondering why the income stream is reported as 0.
March 17, 2026
3:56 PM