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ritaconf
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We have a schedule K-1 Form 1041 from an inheritance, some of which was possibly taxable? We did not administrate the estate, husband was one beneficiary of eight.

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We have a schedule K-1 Form 1041 from an inheritance, some of which was possibly taxable? We did not administrate the estate, husband was one beneficiary of eight.

If you are using one of the online versions, you need to use Premier or Self-Employed to enter information from a K-1.

 

If you need help preparing your return, you can choose the LIVE or Full Service option.

We have a schedule K-1 Form 1041 from an inheritance, some of which was possibly taxable? We did not administrate the estate, husband was one beneficiary of eight.

To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to S-Corp, Partnerships and Trusts

Schedules K-1 - Click the Start or Update button

 

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S

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