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Level 2
February 11, 2023
Solved

Schedule K-1 (form 1041)

  • February 11, 2023
  • 2 replies
  • 12 views

I received a K-1 (Form 1041) for Beneficiary's Share of Income, Deductions Credits, Etc. related to a prepaid funeral account.  The form has two lines on it with amounts:

 

Interest and Dividends, Schedule B, Line 1

Gain on Sale of Assets, Schedule D, Line 12

 

Where do these get entered into TurboTax?  The choices when entering K-1 information doesn't refer to the schedules and the Line 12 information in TurboTax refers to AMT.

    Best answer by Anonymous_
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    2 replies

    Level 15
    February 11, 2023
    No text available
    KarenR23Author
    Level 2
    February 11, 2023

    Thank you!