Sch K-1, 1041, Line 11A

Schedules K-1 are not supported in TurboTax Deluxe.  Schedules K-1 are supported in Premier or Self-Employed.

To enter Schedule K-1 Estates or trusts information, follow these steps.

• Down the left side of the screen, click Federal.
• Across the top of the screen, click Income & expenses.
• At the screen Your Income and expenses, scroll down to Schedule K-1.
• Click on Edit / Add to the right.
• At the screen Tell us about your schedule K-1, click Update to the right of Estates or trusts (form 1040).
• Enter information about the schedule K-1.  Continue through several screens.
• At the screen Check boxes that have an amount click the box 11.  Click Continue.
• At the screen Enter box 11 info, enter the correct values.

Thanks for the reply/answer. But I can not find anyway to upgrade from Deluxe. All the "Helps" say there should be an "Upgrade" link when I'm at my tax return. Using Windows, full screen. Any suggestions?

I use Turbo Tax Premier desktop.  When I entered the data from the Schedule K-1, I received from Mother's estate, line 11A ended up as income on 1040 line10.  I e-filed my taxes before I realized this was not correct.  Now I need to amend my 2022 return, but cannot find the place to make this amendment.

@sparkydj

Form 1040 Line 10 comes from Schedule 1 and is the total of all adjustments to income. Are you certain the amount from Schedule K-1 Box 11 Code A should not be reported on Schedule 1 under Other adjustments?

Additional info: How to Amend (Change or Correct) a Return You Already Filed

Line 24k is where it is on my 1040.  However, it came over as an addition to my income.  According to Turbo Tax website, it should be a deduction from my income.  The website also states that the laptop program was not corrected when the the government decided to allow this as a deduction on estate beneficiary's taxes.  This is why I need to amend my return.

There was also a deduction 11D on the estate K-1.  It came over to 1040 as a negative amount.

Yes, that is where 11D is.  I have not found on Turbo Tax amending return to make the correction to have 11A be a deduction for amending return.

@JamesG1

I use Premier for laptop/disc.  The program does not put the K-1 line 11A in the 1040's form as a deduction.  I didn't realize this until after I had already filed my return.  Turbo Tax laptop will not let me amend my return to show 11A as a deduction.  Right now, I am disappointed in Turbo Tax laptop.  Just thought I would let you know.