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February 14, 2023
Question

Received Form 1041 Schedule-K. Part III is blank. Part II states "No Reportable Amounts Beneficiary" X. Do I have to do anything in Turbo Tax if so where/how?

  • February 14, 2023
  • 1 reply
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Sched K-1. Trust owner died in 2020.  no final form 1041 yet.

1 reply

February 14, 2023

No, you don't need to enter anything from the K-1 on your tax return since it doesn't report any items of income or deduction.

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