@Hiker23 wrote:
It is confusing adding the partnership income to the mix. The grantor letter states that this should be reported on Sched E part II (which is the partnership section) but if you use the K-1 input form for a trust the income goes to Sched E part III.
You are simply using the K-1 entry section in TurboTax to "map" the items reported on the GIS to the proper forms and schedules.
If you use the K-1 for trust/estates, then Schedule E will reflect that selection in Part III. If you use the K-1 for partnerships, Part II of Schedule E will be populated.
