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Amend 2022 adding 1041 k-1 from inherited trust
I filed my taxes in 2022 and bust still have the software. Received a 1041 K-1 late last year, I'm attempting to amend the 2022 return in TurboTax Deluxe, added where the Schedule k-1 is (but its specifically under business, couldn't find anything for 1041 or inheritance) and not turbo tax says I owe Thousands to IRS AND the state. I have to be missing something. I thought I only owe on and accrued interest, not the full amount? Why is the application saying I owe so much?
‎April 29, 2024
6:46 PM