Mike B2
Returning Member

Reporting Trust Capital Gains - Form 1041

Hi, after I filed my 2021 taxes online I discovered a Schedule K-1 for my deceased mother's trust that I'd missed.  When I went into TurboTax to work on an amended return, the amount of federal tax I owe did not change after I added the $6,184 in "Net long-term capital gain" from the K-1.  Is this to be expected?  Thanks.

 

K-1 Details

Box 4a $6184

Box 12A $1413

Box 12D $1413

Box 12J $1413