Bmck345,
Unfortunately TurboTax does not make it easy or that straight forward. Note that simply splitting the income with the creation of separate Form 1099R's in TurboTax as suggested by RobertB4444, one for the Form 1040 and the other for Form 1041 will undoubtedly attract an automatic notice from the IRS's 1099 matching program. Fortunately, we know what the tax return should ultimately look like. It is just a matter of getting TurboTax to do what we need.
Here is what I do.... For the Form 1040 enter the 1099R in Turbotax just as it appears (i.e. full amount of income). This will eliminate any 1099 matching difference that would automatically kick out an IRS notice. Now go to Form view mode...Then go to Schedule 1, line 8z. You will have to override both the description and the amount. Enter as a negative the amount that is to be reflected on Form 1041. Use a description like "Income in respect of decedent - Pension distribution reported on Form 1041". The TurboTax program will give you a message when you override the line. Don't worry about it, you will have to print and mail your return (which I do anyway). The most important thing is (1) the return is correct and (2) we have now minimized the potential for the IRS coming with notices and follow up questions.
On Form 1041, in form view mode, go to line 8, Other Income. Enter the income amount (as a positive number) and description here. Use a description similar to that on Form 1040 - e.g. "Income in Respect of Decedent - Pension Distribution".
Hope this helps.
