A 2K-1 Wisconsin form is the state counterpart of a 1041 K-1 Beneficiary's Share of Income, Deductions, Credits from a Trust or Estate.
Therefore, you would enter this form in the Trust income section as a K-1 of your federal return (if you haven't already entered a 1041 K-1 related to the same estate/trust information) and then the information should flow through to your Wisconsin return. (You should not have to re-enter the form on your Wisconsin return as long as the Estate/Trust K-1 information is on the federal return.)
To enter the form in TurboTax, take the following steps:
- From within your Federal return in TurboTax, select the Wages & Income tab at the top of the screen.
- Scroll down to S-Corps, Partnerships & Trusts section. Select "show more" and then select to START/REVIST the K-1 section of TurboTax. From there select that the K-1 is from an Estate or Trust and follow the screen instructions.
