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Level 3
February 13, 2026
Question

Firm 1041 Schdule D Part III

  • February 13, 2026
  • 1 reply
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On Schedule D Part III under 1 (beneficiaries) is blank should it be filled in with amounts reflected under Estate column so it can rollover to distributable income for schedule k-1  form?

    1 reply

    M-MTax
    Level 15
    February 13, 2026

    Yes, otherwise it won't. TurboTax messes this up on occasion depending upon how the data is entered.