topic Re: K-1 question in Get your taxes done using TurboTax

K-1 question

USER987456 — Mon, 23 Feb 2026 14:25:22 GMT

My siblings and I have an irrevocable trust that first time last year sent out distributions. We were issued K-1 forms which my accountant had no issue with. My sisters accountant is asking for a 1099-R which I believe is not

needed if using K-1 correct?

Thank you,

Re: K-1 question

MinhT1 — Tue, 21 Mar 2023 16:02:45 GMT

A trust will file a form 1041 as its tax return and will issue Schedule K-1 form 1041 to its beneficiaries. A trust does not issue form 1099-R.

Re: K-1 question

USER987456 — Tue, 21 Mar 2023 16:13:27 GMT

That was the impression I had as well, Thank you again!