After filing my 2019 taxes I received a K-1 Schedule Form 1041. It is mark final form 1014 for the estate or trust. It has $3.00 in 1 (interest income), $13,940 in 5 (Other portfolio and nonbusiness income), 12 has A 142 and J 142 and in section 14 E* 3 and H-13,940. My question is "is the amount in section 5 $13,940 taxable income as this was an inheritance from a trust of less the 1 million.
