I am still stuck on this question. I have a similar situation. I have a Final K-1 with Final year deduction on 11a, which is the only number on the 1041 K-1. I know where to put that number. in TT. However, I also received a Schedule 5 - Beneficiary's Information with a large negative number on Line 1a and our distribution percentage in 1b and 5a. I do not know where to put the large negative number on line 1a. Do I put this negative number on my 1041 under line 8 Other income or is this something the Trust is reporting and this is for my information only?
