cvontres
New Member

I received a 2019 K-1 for a trust whose final reporting was mid-year in 2020. TurboTax assumes 2020 K-1, with box 11 having different meanings. How do I enter a 2019 K-1?

TurboTax assumes 11-b is excess deductions rather than short-term capital loss carryover. How do I ensure TurboTax reports it properly? Do I just log it in 11-c, since that's where capital loss carryover is now housed for 2020?