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Schedule K-1 Form 1041 Fiscal vs Calendar Year
We received a Schedule K-1 for funds received from a one-time distribution from a trust. We received the funds in 2020. The K-1 has a fiscal year ending 1/31/2021. Should we enter the K-1 information for our 2020 tax return or use it for 2021?
‎February 27, 2021
12:32 PM