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What do I do with this K-1 Inheritance form?
A great grandmother in New Jersey passed a few years ago and after a lot of accounting stuff (I'm not close to that side of my family, so I don't really know why the estate took three years to settle) I received my portion of the inheritance a few months ago. I supposedly have a K-1 coming but I don't know where to put this information, or how. All I know is that inheritance tax is a thing in New Jersey, so I have to report it. Where do I enter this information? Inheritance tax is a state thing, but when I was using TurboTax I could only find a place to enter K-1 details under federal.
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‎January 29, 2020
8:28 AM