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Business & farm
Yes. If you get a K-1 from an estate, you will need to enter it on your personal return. You can enter the K-1 from the trust in TurboTax by selecting the following:
1.Federal
2.Personal Income
3.I'll choose what I work on
4.Start next to Schedule K-1 under Business Investment and Estate/Trust Income near the bottom of the screen
5. Yes to did you receive one
6.Walk through to enter your K-1
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March 4, 2025
1:16 PM