TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

Schedule E has no entries.

Forum|Forum|3 years ago
April 11, 2023
2 replies
0 views

Why is schedule E created if all fields blank. K-1 (Form 1041) Estates and Trust?

Employee

It should not be blank if you have a K-1 from a 1041 tax return. Part l and Part ll should be blank but scroll down to Part lll - that is where you should see the K-1 data reported.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

s wAuthor

Schedule E page 2 Part III No data. Estate info name and number but no $$$

My K-1 only has entries in 11A , 11B and 12A and 12J. all other boxes are empty. No dividends gains, income

,

Employee

@s w wrote:

Why is schedule E created if all fields blank. K-1 (Form 1041) Estates and Trust?

The schedule is generated by the program, but you will not have any entries since you do not have any income or loss (passive or nonpassive), just final year deductions.

s wAuthor

Thanks, just seems strange to have an empty form....can it be deleted?....it is sent to the IRS

Employee

The form almost certainly contains the name and tax ID number of the trust or estate.