topic Schedule K-1 in Business & farm

Schedule K-1

Pay_mytaxes — Tue, 24 Feb 2026 04:23:38 GMT

I received a K-1 for inheritance from a trust. Only Box 2b, 4a, 5, 12 and 14 have an amount. I can't submit my final tax return until box 2a is filled in and 0 in that field doesn't allow me to finalize. Suggestions?

Re: Schedule K-1

PatriciaV — Tue, 18 Apr 2023 14:54:02 GMT

Enter the same amount for Box 2a that is reported for Box 2b. Qualified dividends are also Ordinary dividends. The trust may have missed that entry.

Re: Schedule K-1

Mike9241 — Tue, 18 Apr 2023 17:18:43 GMT

this may present a problem for you if 2a is greater than 2b - no way to know. contact the executor or trustee.

Re: Schedule K-1

Pay_mytaxes — Thu, 20 Apr 2023 18:26:37 GMT

I tried the $1 and was able to submit my tax return, we'll see 🙂 thank you