I received Form 104 1 - Schedule K-1. I am using Turbo Tax Premier. Can I enter this form into my current TT Premier or do I need a different TT product?

[jschuchmann]

My 95 yr old aunt received this from a trust.   The form for beneficiary's share of income, deductions, credits.  How do I get these numbers transferred into her 1040?

[JoannaB2]

No.  You can use the same program, Turbo Tax Premier, to enter the 1041 K-1 income, deductions, and credits on your aunt's 1040 income tax return. When you enter the specific income, deductions or credits, it will be transferred over automatically to the form.  For example, rental income will be transferred over to Schedule E of 1040.

See, 1041 K-1 instruction, link.

[jschuchmann]

Thanks for the helpful reply.  I was able to get my aunt's tax return completed.  The advise provided combined with the Turbo Tax program were able to help get the mission accomplished.  Thanks for the assistance.

JAS