topic Re: K1 Form 1041 in Get your taxes done using TurboTax

K1 Form 1041

CRGVLG2021 — Fri, 12 Mar 2021 00:21:06 GMT

I am using Turbo Tax Home and Business to prepare our 2020 Taxes. I have inputted the data from a K1 Form 1041 I received as an Estate Beneficiary. The program inputs this data as a business loss rather than in the personal income section, even though I originally put it in the personals section. I have attempted to manually change it back to the personal section but it doesn't allow it. How can I complete my taxes?

Re: K1 Form 1041

Anonymous_ — Fri, 12 Mar 2021 00:37:54 GMT

Did you enter it in the section shown in the screenshot below?

Re: K1 Form 1041

CRGVLG2021 — Fri, 12 Mar 2021 00:48:22 GMT

Yes I did.

Re: K1 Form 1041

Anonymous_ — Sun, 22 Dec 2024 21:32:42 GMT

Re: K1 Form 1041

CRGVLG2021 — Fri, 12 Mar 2021 00:59:50 GMT

If I remove this from the Business/Estate Income Section, where should this go?

Re: K1 Form 1041

Anonymous_ — Sun, 22 Dec 2024 21:32:21 GMT