K-1 trust income not flowing through to 1040SR
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
Level 1

K-1 trust income not flowing through to 1040SR

Box 14 Code E
2 Replies
Level 15

K-1 trust income not flowing through to 1040SR


@barbgrote wrote:
Box 14 Code E

A figure on that line with that particular code propagates to Form 4952 and is used to calculate the investment interest expense deduction. If you do not have investment interest, you may never see this form.

Level 1

K-1 trust income not flowing through to 1040SR

But I do have a largish amount of income on this K-1 that needs to be taxed as ordinary income. 

Dynamic Ads
v
Privacy Settings