Schedule K-1
First time receiving a schedule K-1, from a trust I inherited.
Line 5 shows 10,280
Line 14 H (10,280)
1) is line 5 the taxable income
2) should line 14 be entered as a negative number since it is in parentheses?
First time receiving a schedule K-1, from a trust I inherited.
Line 5 shows 10,280
Line 14 H (10,280)
1) is line 5 the taxable income
2) should line 14 be entered as a negative number since it is in parentheses?
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