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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?
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March 17, 2024
7:18 AM