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Level 1
April 22, 2020
Solved

Estate K1

  • April 22, 2020
  • 1 reply
  • 36 views

I received a final estate K1  showing $31. for line 1 and line 14, which I entered. I completed the Turbo Tax K1 entries with no carryovers. When I finish entering all my personal income the final review page showing a summary of all my personal income has no K1 entry for the $31. I entered. Why ?

Best answer by Anonymous_

@ Dave A L wrote:

When I finish entering all my personal income the final review page showing a summary of all my personal income has no K1 entry for the $31. I entered. Why ?


The dollar amounts are distributed to the proper sections (forms) by the program. The $31 on Line 1 was most likely distributed to Schedule B (interest).

1 reply

Level 15
April 22, 2020

@ Dave A L wrote:

When I finish entering all my personal income the final review page showing a summary of all my personal income has no K1 entry for the $31. I entered. Why ?


The dollar amounts are distributed to the proper sections (forms) by the program. The $31 on Line 1 was most likely distributed to Schedule B (interest).