Sch K1 Wks-Ests and Trusts Box 2b should not be greater than the total dividend amount.
Please note that box 2b on the from 1041 K-1 Worksheet - Estates and Trusts is for Qualified Dividends. When I enter the amount there, the amount turns red. In forms mode, that K-1 then becomes marked as "Not Done".
I tried to enter the qualified dividend on Schedule B and got a similar problem!
You'll need to sign in or create an account to connect with an expert.
" I tried to enter the qualified dividend on Schedule B and got a similar problem!"
Qualified dividends should never be less than ordinary dividends since the former is a subset of the latter.
Your K-1 should have an amount in 2a that is equal to, or greater than, the amount in 2b.
" I tried to enter the qualified dividend on Schedule B and got a similar problem!"
Qualified dividends should never be less than ordinary dividends since the former is a subset of the latter.
Your K-1 should have an amount in 2a that is equal to, or greater than, the amount in 2b.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
troyroland2006
New Member
j-zee
New Member
ginabina03
New Member
gusstfd88
New Member
keeganflack
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.