- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
When the Form 1041 Schedule K-1 is correctly entered in TurboTax, Box 9 Depreciation flows to Schedule E as part of the total trust income. Apportioned Depreciation is not an adjustment.
All Schedules E for the individual's 1040 return are totaled on Schedule E Line 32. This total is ultimately included on Schedule 1 Line 5 and contributes to Other income on Form 1040 Line 8.
No overrides are necessary on any of the forms listed above. If you see a number in a red font or a form box that turns red, that entry invalidates the return for e-filing and voids the TurboTax guarantees.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 27, 2023
1:03 PM