busterK2
Returning Member

Schedule K-1

My deceased parents trust just sold their house in 2022.  The trust will dissolve in 2022, and hence the beneficiaries will receive a schedule K-1.  The question is how on turbo tax do you deduct the house cost basis and cost of selling the house, from the gain?  I see you enter the K-1 information under Bossiness items- but then  turbo tax does not prompt for the entry of the cost basis nor costs of selling. Please advise as to how this is done- thanks