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Schedule K-1, Form 1041
I am filing my mother's taxes. She is the beneficiary of the income from a trust located in West Virginia.
She files her taxes as a GA resident.
In TurboTax, K-1 Trust section,
In line 14 it is Code Z which is "other".
Under Income Detail it states "select the state and the amount of tax-exempt income interest reported...."
I have the amount but am unsure whether this should be designated WV (trust location) or GA (her residence).
Any help is appreciated
‎April 6, 2020
10:56 AM