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Level 2
posted Feb 19, 2023 7:00:57 AM

Form k-1 in Turbotax

I will be using Turbotax Home and Business. I received form K-1 for a trust account. Can I access the K-1 entries for Turbotax in the income section of Home and Business? Will Turbotax simply ask me to fill in data based on information in the K-1?

 

Thanks

 

0 2 905
1 Best answer
Level 15
Feb 19, 2023 7:06:47 AM

Refer to the screenshot below and ensure that you select Estate or Trust (Form 1041) on the next page.

 

2 Replies
Level 15
Feb 19, 2023 7:06:47 AM

Refer to the screenshot below and ensure that you select Estate or Trust (Form 1041) on the next page.

 

Level 2
Feb 19, 2023 8:38:22 AM

Thanks!