I will try to be as brief as possible. Parents passed away in 2019. both houses sold in 2020. Monies from sale of houses were distributed to all living heirs or their kids per will. Houses sold at a loss at FMV. What line on Schedule K1 does the amount go on that each heir received. And is their a code or letter that goes along with that line.
Any help much appreciated.
ps. attorney that handled the estate did not issue any K1's as they did not know about money being distributed to heirs.
