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Level 2
posted Mar 22, 2024 10:15:51 AM

Amend return for NY state

We received a form 1041 after filing the fed and NY state return.  I amended the fed return OK.  But I also have state income tax information associated with the K-1. It says:

 

FIDUCIARY SUBTRACION ..........................................555.

(Enter above on form IT-201, page 2)

 

How does that translate to TurboTax?

 

Under 'Enter any other additions',  there is an item called "Beneficiary's share of fiduciary adjustment". But I am not able to add a negative number.

 

Thanks in advance.

Al

 

 

 

 

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1 Replies
Level 2
Mar 22, 2024 3:05:29 PM

Ok. I see where TurboTax has a page for additions to income and a page for subtraction to income. 

Easy.