Received a K-1 form for a trust that my parents set up that has the funds I received reported in the K-1 form along with a 1041 form that was completed by the trust where

You will enter the information from Schedule K-1 under Wages & Income in TurboTax. Form 1041 is for your information and is not entered on your tax return.

The easiest way to find any section of TurboTax is to open your return and use the Search box at the top right side of the TurboTax header. Click on the magnifying glass, type in "k-1", hit Enter, and click the "jump to" link to go directly to beginning of that topic.

Or go to the left column in TurboTax Online and click on Tax Tools >> Tools >> Topic Search. Type in "k-1", then click the topic in the list to go directly to the start of that section. 

For more info, see Where do I enter a Schedule K-1 that I received?