- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Why is the 1041 information not transferring correctly to the K-1?
I am preparing a return for a simple trust with brokerage information from two 1099 forms. The total interest is $8. The interest shown on the K-1 is $120. I have gone back and checked my entries in the worksheet and they are correct. The correct amount of interest, $8, is shown under interest on the 1041. Why is this happening and what do I need to do to correct it?
Topics:
‎February 27, 2024
1:04 PM