Excellent & timely response - sorry for my delayed reply, I didn't see this come through. You've already been so helpful but if you have time I have one follow-up question to make sure I understand.
The main estate/trust reporting my K-1 reports information directly related to them only on the first page of the Schedule K-1 (Form 1041). Specifically, it has reported information in boxes 1, 5, 7, and 14 (codes E & H).
On my K-1, Code I (India) in box 14 and the accompanying Statement A (199A) report information only from 2 pass-through entities. The main trust/estate did not report any of its own information here.
Am I correct in thinking that what I should do is file one K-1 for the main estate/trust with information in boxes 1, 5, 7 and 14 (codes E & H) and two separate K-1's where I leave blank 1, 5, 7 and 14 (codes E & H) and report only the information in box 14 code I and accompanying entity-specific information from Statement A (199A)?
Thanks again, I appreciate it.
