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GS48
Level 1

Entering schedule k-1 (form 1041) in Home and Business version for 2020

I am trying to enter K-1 income from a trust and can't seem to open a new Schedule E.  I have a Schedule E for rental now.

 

The instructions for the K-1 tell me to enter the Part III line 5 numbers in Schedule E, line 33, column (f). 

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1 Reply

Entering schedule k-1 (form 1041) in Home and Business version for 2020

TurboTax will automatically enter the figure (from your K-1, Line 5) on Line 33, Column (f) for you.

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