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Business & farm
I inherited a trust last year. The assets were liquidated and dispersed as cash. The dividend interest is reported on the Schedule K-1. I do not have any 1099-DIVs as I did not directly inherit any stock. According to other questions I’ve found here, TurboTax takes the K-1 info (which is showing as $0 in the income summary even though all the K-1 info is entered) and puts it indifferent places, like under 1098-DIV. However, this isn’t being transferred in my case. TurboTax keeps asking me to enter the 1099-DIV info.
March 13, 2021
4:39 PM