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chari-larson
February 13, 2021
Question

What is a Schedule K-1 (Form 1041) form, how do I report the $30 interest?

  • February 13, 2021
  • 1 reply
  • 0 views
This is from a cremation service that has been prepaid.  My beneficiaries will receive this benefit after my death.  I'm very much alive at the moment.  But it earns a minimal amount of interest and I file a simple return.

1 reply

A
Anonymous_
Employee
February 13, 2021

You can use any desktop (installed) version of TurboTax, but if you are preparing your return online, then you need to upgrade to TurboTax Premier to enter a K-1.

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