topic I entered my K-1 beneficiary Dividend under Schedule K-1 income but it shows 0 and the amount is showing up under Dividends on 1099-DIV. How can I fix this? in Get your taxes done using TurboTax

I entered my K-1 beneficiary Dividend under Schedule K-1 income but it shows 0 and the amount is showing up under Dividends on 1099-DIV. How can I fix this?

twinoakhudson — Wed, 07 Aug 2019 00:46:28 GMT

Re: I entered my K-1 beneficiary Dividend under Schedule K-1 income but it shows 0 and the amount is showing up under Dividends on 1099-DIV. How can I fix this?

Anonymous_ — Wed, 07 Aug 2019 00:57:15 GMT

There is really nothing to fix. The program inserts the figures where they need to go on the requisite forms.

It is normal for the K-1 section to show "0" after entering information from a K-1; the figures entered are reflected in other sections.

Re: I entered my K-1 beneficiary Dividend under Schedule K-1 income but it shows 0 and the amount is showing up under Dividends on 1099-DIV. How can I fix this?

Anonymous — Wed, 07 Aug 2019 05:44:02 GMT

dividends and some other income shown on form 1041 schedule K-1 do not get reported on schedule E page 2. for dividends and interest they get carried to schedule B. on schedule E page 2 there may appear the name and ID number of the trust but no income

Re: I entered my K-1 beneficiary Dividend under Schedule K-1 income but it shows 0 and the amount is showing up under Dividends on 1099-DIV. How can I fix this?

Anonymous_ — Wed, 07 Aug 2019 06:26:35 GMT

@twinoakhudson, I believe, is referring to the display in the program, not on the forms (see screenshot).

k you. Re: I entered my K-1 beneficiary Dividend under Schedule K-1 income but it shows 0 and the amount is showing up under Dividends on 1099-DIV. How can I fix this?

twinoakhudson — Wed, 07 Aug 2019 17:32:10 GMT

Thank you! That is helpful.

Re: I entered my K-1 beneficiary Dividend under Schedule K-1 income but it shows 0 and the amount is showing up under Dividends on 1099-DIV. How can I fix this?

twinoakhudson — Wed, 07 Aug 2019 17:33:55 GMT

Thank you, I was referring to both the display and the forms. The answers have helped me feel comfortable with my return.

Re: I entered my K-1 beneficiary Dividend under Schedule K-1 income but it shows 0 and the amount is showing up under Dividends on 1099-DIV. How can I fix this?

twinoakhudson — Wed, 07 Aug 2019 17:34:17 GMT

Thank you, very helpful!