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Get your taxes done using TurboTax
To enter the Estate tax deduction not reported on an estate K-1 using the TurboTax Deluxe CD\Download 2021 version:
- Log on to TurboTax.
- Select Federal Taxes from the top main tab.
- Select Deductions & Credits under the Federal Taxes tab.
- On the How do you want to enter your deductions and credits? screen, select I'll choose what I work on.
- On the Your 2021 Deductions & Credits screen, Scroll down to Other Deductions and Credits, Show more and scroll down to Other Deductible Expenses, then Start/Update.
- On the Did you pay any generation skipping taxes in 2021? screen, select No.
- On the Did you have any of these less common expenses? screen, select No.
- On the Did you have any of these other expenses? screen, you'll see Estate tax deduction not reported on an estate K-1. Select Yes.
- On the Tell us about your other expenses screen, enter an amount in Estate tax deduction not reported on an estate K-1.
- Continue with the onscreen interview until complete.
[Edited 03/14/22|8:19 am PST]
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March 14, 2022
8:17 AM