@Lynn90275 wrote:
1. Should the tax year for 1041 - 2021 or 2022?
2022 since the fiscal year ends in April of 2022.
@Lynn90275 wrote:
Am I then to report K1 as a beneficiary under 2022 1040 tax return?
Yes, you would report the K-1 on your 2022 federal income tax return (1040), consistent with the year ending listed on your K-1.
