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Business & farm
You should not get using the K1 form input. The Grantor advice letter tax information would be entered exactly as indicated into the forms and lines shown. You can do this through Forms mode in TurboTax Desktop.
- Delete the trust 1041 K1 input in step by step by selecting the trash can next to the Trust K1
- Go into Forms mode by selecting "Forms" in the upper right hand of the screen
- There enter the tax information from grantor advice letter into each form indicated
- If you need to add a form to your return, select "Forms" from the top menu then "Open form"
- Select only the Federal form as the information will transfer to Iowa
- If you must enter a source when adding a new form, enter the trust's name.
- You can go back into "Step by Step" mode by selecting in upper right hand of the screen.
‎April 11, 2021
2:03 PM