K-1 Income not Appearing in Income Summary on Turbo Tax

[whanley123]

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!

[tagteam · Accepted solution]

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.