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Business & farm
Update: IRS Issued proposed regulations in May that now allow deducting excess deductions on termination of an estate or trust (Form 1041 Schedule K-1 Box 11 Code A) by writing-in the deduction on Schedule 1, part II, line 22. Great! Has anybody figured out how to enter it in Turbo Tax?
‎October 9, 2020
4:42 PM