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Get your taxes done using TurboTax
@victoria1970 wrote:Is it correct that I don’t need to provide K-1s for 2019, since no estate income was distributed and passed through to them in 2019?
It is considered a good practice to distribute K-1s (so that the beneficiaries are aware that they have no income tax liability as a result of the estate income), but it is not required if there were no distributions.
April 1, 2020
7:13 AM