AnnetteB6
Expert Alumni

Business & farm

There is a place in the K-1 screens for a Trust where you can check a box that the K-1 you have is the final K-1.  If your K-1 is from a partnership or S-Corp, you will indicate that it is the final K-1 by checking the box that the partnership or S-Corp 'ended' in 2023.  

 

See the following TurboTax help article for more guidance to enter your K-1 information:

 

Where do I enter a Schedule K-1 that I received?
 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"