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April 18, 2023
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Can I report interest income from form 1041 schedule k-1 on my husband and my personal tax return?

  • April 18, 2023
  • 2 replies
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Do I need to file a separate tax return or can this form be added to our personal tax return filing jointly?
Best answer by Anonymous_

@jlewis781 wrote:
Do I need to file a separate tax return or can this form be added to our personal tax return filing jointly?

The K-1 can be added to your personal return if you are filing jointly.

 

You do not need to file a separate return.

2 replies

Employee
April 18, 2023

@jlewis781 wrote:
Do I need to file a separate tax return or can this form be added to our personal tax return filing jointly?

The K-1 can be added to your personal return if you are filing jointly.

 

You do not need to file a separate return.

April 18, 2023

You can include the K-1 as part of your personal joint tax return.

 

Use the following steps to go to the correct section to enter the K-1 information.  Be sure to select the K-1 for Form 1041.

 

  • On the top row of the TurboTax screen, click on Search  
  • This opens a box where you can type in “K-1” 
  • The search results will give you an option to “Jump to K-1
  • Click on the blue “Jump to K-1” link 
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