beneficiary of an irrevocable trust, where do I report trust disbursement in my my personnel tax return

[samdal]

Hello,

I'm a beneficiary of an irrevocable trust and the trustee disbursed some funds in 2020.  Where do I report the trust disbursement in my my personnel tax return?

Thanks,

Sam

[CatinaT1]

You should receive a K-1 from the the trustee.  Did you receive this?

[samdal]

No, I have not received a K-1 at this time.  Once I do, how do I enter the information into Turbo Tax?  Do I just fill in the K-1 section on my tax return?

Thanks, Sam

[DianeW777]

Yes. You can use the information below to enter your K-1.

1. Sign into your TurboTax account
2. Use the Search (upper right) > Type k-1 (use the dash) > Press enter > Click the Jump to... link
3. Select Edit beside the form you need to change (or add a form, if your K1 has an entry in both box 1 and 2 add a duplicate, one for each box)
4. See the image below for assistance.