When preparing a 1041 for the final year of a trus...
mc_meyer
New Member

When preparing a 1041 for the final year of a trust, how do I get TT Business to populate the schedule K-1 Line 11A to correctly distribute the excess deductions?

Form 1041 Line 17 shows a negative amount and Line 22 is also negative. The negative amount appears on the Distributable Income worksheet, Line 11, but then on Line 12, it is reversed to a positive number and Line 14 is zero. The K-1 created is completely blank. 

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