Hi all,
I have a final K1 from deceased family member and trying to enter my beneficiary portion for box 11 B.
I received a K1 and under Box 11 Code B - Excess Deductions: Non-Miscellaneous Expenses
Adjusted Total Income from form 1041, line 17 $ -1,319
Allowable excess deductions on termination $ -1,319
Less: Portion attributible to section 67 (E) Expenses $1,067
Allowable excess deductions - code B -252
Beneficiary's portion $126
Turbo tax is telling me to add the $126 amount in the corresponding topic in turbo tax but where should I enter this?? Thanks in advance
