Irene2805
Expert Alumni

Get your taxes done using TurboTax

If you did not receive a K-1 from an estate in 2020, you can delete the K-1 that may have transferred from last year by following these steps:

 

TurboTax Online

  1. Click on Federal > Income & Expenses
  2. Under S-corps, Partnerships, and Trusts click on the Start/Revisit box next to Schedule K-1.
  3. On the Tell Us About Your Schedules K-1 screen.  Click on the Start/Update box next to Estate/Trust. 
  4. You will see the K-1 Summary screen.  Click  Delete next to the K-1.

 

TurboTax CD/Download

 

  1. Click Federal taxes > Wages & Income
  2. Under Business Investment and Estate/Trust Income click the Start/Update box next to Schedules K-1/Q.
  3. Click Yes on the next screen, Schedules K-1 or Q. 
  4. On the Tell Us About Your Schedules K-1 screen.  Click on the Start/Update box next to Estate/Trust. 
  5. You will see the K-1 Summary screen.  Click  Delete next to the K-1.

 

@foghorn51