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Level 4
posted Feb 16, 2024 5:50:18 AM

1041 SCHEDULE D ALLOWS ME ONLY TWO ENTRIES!

Good morning! I'm working on my first 1041 tax return for the trust account of my late wife. I easily entered the first two capital gains from one brokerage account but cannot proceed beyond that to enter a capital gain from another broker. There's no "jump to another XXX" as there is on TurboTax 1040 for our joint account. What am I missing here? Thanks - Dan

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5 Replies
Expert Alumni
Feb 16, 2024 6:02:03 AM

You can add multiple transactions in the program. After you completed the information from the first broker, you will be taken to a summary page reporting the transaction,  From the summary page, select the blue button at the bottom left of the page that says add another account.

 

Level 15
Feb 16, 2024 6:21:40 AM

You need to click the Update button if you're at the home screen first.

 

Level 4
Feb 16, 2024 7:37:43 AM

I like working with the forms. This is on the Step-by-Step option? Thanks - Dan

 

Level 15
Feb 16, 2024 7:47:33 AM


@slowreader wrote:

I like working with the forms. This is on the Step-by-Step option?


Yes, you should try using Step-by-Step before resorting to Forms Mode.

Level 4
Feb 16, 2024 9:11:39 AM

Hmmm . . .