1557672
Hi - I received income via a trust and have a 1041 k-1. I've input this income into Turbo Tax, but it is not appearing in the summary view. What might be the reason for this?
I'm hoping to avoid not reporting any income here as that seems like a mistake. Thanks for the help!
You'll need to sign in or create an account to connect with an expert.
The program will distribute the items of income, deduction, etc. that you enter from your K-1 to the appropriate forms.
For example, interest income from Line 1 of your K-1 will most likely appear on your Schedule B.
The program will distribute the items of income, deduction, etc. that you enter from your K-1 to the appropriate forms.
For example, interest income from Line 1 of your K-1 will most likely appear on your Schedule B.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jamesmac007
Level 3
Waylon182
New Member
CRAM5
Level 2
fpho16
New Member
KarenL
Employee Tax Expert