I am probably not the best person to answer this, but I can tell you what I see for my return:
- The totals on the 1041 come from the Step-by-Step entry of 1099s and other income.
- For multiple beneficiaries, totals will be divided by TurboTax onto multiple K-1s, but can be modified as described above.
- To enable modifications to the K-1s, I removed the % in the "Beneficiary's Allocation Smart Worksheet" that appears on the K-1 form.
- I manually ensure that the sum of all K-1s still equals the original total on the 1041 for each line.
Modifications to the K-1s do not change the sum on the 1041 automatically, as these are set by the income that has been entered previously.
Hope this helps.
