2871519
Creating a return for an estate. There is a long term capital loss associated with the estate. As this is the final return for the estate, the loss should be entered in Field 11 on Schedule K-1. Turbotax is not putting the information onto Schedule K-1. I can manually enter the data but I believe Turbotax should be filling out this schedule.
On the carryover loss worksheet, it states that the loss should be entered on Box 11 on Schedule K-1.
Thanks
You'll need to sign in or create an account to connect with an expert.
TurboTax is fussy at times with respect to your fact pattern.
Enter Forms Mode and open your K-1(s). Insert each share (as a percentage) in the worksheet as shown in the screenshot below.
TurboTax is fussy at times with respect to your fact pattern.
Enter Forms Mode and open your K-1(s). Insert each share (as a percentage) in the worksheet as shown in the screenshot below.
Thank you. That worked. Very much appreciated.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
spunky_twist
New Member
kruthika
Level 3
alphonzograham
New Member
driverxxv
New Member
bobby_chris30
New Member