Beneficiary on estate

keepingitmoving- · ‎May 31, 2019

I was 1 of 7 benificiarys on my God mothers estate. The estate was in Massachusetts. Will I get a "w2" to file for the amount and where do I put it?

Anonymous_ · ‎May 31, 2019

" Will I get a "w2" to file for the amount and where do I put it?"

You might want to contact the executor of the estate but, if anything, you will receive a Schedule K-1 (Form 1041) from the estate. That form will contain any items of income, deductions, gains, and/or credits to be included on your income tax returns (federal and, if applicable, state).

Your profile indicates you are using the Online version of TurboTax Deluxe. In order to enter a K-1, you will need to upgrade to, at least, the Online version of TurboTax Premier. Alternatively, you could use any desktop (CD/Download) version of TurboTax to enter a K-1.

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Anonymous_ · ‎May 31, 2019

" Will I get a "w2" to file for the amount and where do I put it?"

You might want to contact the executor of the estate but, if anything, you will receive a Schedule K-1 (Form 1041) from the estate. That form will contain any items of income, deductions, gains, and/or credits to be included on your income tax returns (federal and, if applicable, state).

Your profile indicates you are using the Online version of TurboTax Deluxe. In order to enter a K-1, you will need to upgrade to, at least, the Online version of TurboTax Premier. Alternatively, you could use any desktop (CD/Download) version of TurboTax to enter a K-1.