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New Member
posted Feb 11, 2021 5:46:00 PM

When will the final K-1 Trust form be available

0 8 1592
8 Replies
Level 15
Feb 11, 2021 6:01:59 PM

It is scheduled to be released in an update on 2/18/2021.

 

See https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotax_fed_windows_individual.html

New Member
Feb 19, 2021 9:26:27 AM

Today is the 19th and the form is still not available??

Level 15
Feb 19, 2021 9:28:22 AM


@Tony49F wrote:

Today is the 19th and the form is still not available??


Schedule K-1 Worksheet (Form 1041) - Estates and Trusts is now scheduled to be available on 02/25/2021

Returning Member
Feb 25, 2021 9:19:01 AM

It is 2/25/2021 now where is this form?

 

Expert Alumni
Feb 25, 2021 3:00:37 PM

The Trust 1041 K1 is available in both the online product and the Desktop product.  The trust K1 is used to report the beneficiary's share of trust distributable net income.  The income reported on the 1041 Sch K1 retains the same character as the income reported in the trust.  

 

Level 15
Feb 25, 2021 3:11:30 PM


@SamS1 wrote:

The Trust 1041 K1 is available in both the online product and the Desktop product. 


The problem is the schedule is not available as of 6:10PM ET on 2/25/2021.

 

Level 2
Feb 25, 2021 9:31:21 PM

@SamS1 

9:28PM PST 20/25/2021. Schedule K-1 is still unavailable for filling purposes.

 

Level 15
Feb 26, 2021 7:31:30 AM

Schedule K-1 (1041) is available now - 10:30AM EST (2/26/2021).