Income reported on another return

Forum|Forum|3 years ago
September 23, 2022
6 replies
34 views

How do I deduct income that will be reported on another return?

TurboTax Home & Biz Windows

DoninGA

Level 15

Please clarify and describe in detail exactly what you mean.

SmithBurnAuthor

Level 2

My husband died in 2020, and I am just now filing my 2021 return (with an extension). I am also having to file a 1040 for the income for his estate (with extension), and I want to deduct the income showing on his estate return from my return so I don't pay twice on that amount. I was told something about entering a negative amount on a "payee entry" using his estate EIN to pull the money out of my return, but I can't find how to do that.

Critter-3

Level 15

Why ever would you report it on 2 returns ? Either it goes on the estate or yours not both. So is the income reported in his name, your name or the estate ? Was it earned before he passed or after.