Received K-1 form for 2020

Forum|Forum|4 years ago
February 16, 2022
2 replies
17 views

I received a Schedule K-1 (Form 1041) in 2021 for calendar year 2020 at the close of my father's trust. Where do I put this information in when filing taxes? The trust was closed out in October 2021.

Forms

ThomasM125

Level 15

You report this in the Wages and Income section of TurboTax, then Business Investment and Estate/Trust Income, then Schedule K-1.

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Mike9241

Level 15

if the 2020 K-1 is for the calendar year 2020, it must go on your 2020 return. if it's already been accepted, you'll have to amend

Mike9241

Received K-1 form for 2020

2 replies

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