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Level 2
posted Feb 9, 2023 8:38:40 AM

Estate Tax Return - Final return - Box 11 on Form K-1 is blank.

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

0 2 487
1 Best answer
Level 15
Feb 9, 2023 8:58:08 AM

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.

 

2 Replies
Level 15
Feb 9, 2023 8:58:08 AM

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.

 

Level 2
Feb 9, 2023 9:23:42 AM

Thank you. That worked. Very much appreciated.