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How to file on the interest income from a deceased Aunt's estate when no K-1 is provided?

Forum|Forum|7 years ago
June 5, 2019
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Received distribution from deceased Aunt's estate which included interest income that the CPA indicated I needed to pay taxes on. However, the CPA has not provided a K-1 (or any form). How do I correctly include this income in my 2018 tax filing?

TurboTax Premier Online

Best answer by AnnetteB6

If you know the amount of interest that was taxable income, then you should include it in your return as if you received a Form 1099-INT reporting the interest in box 1.

For the question of where is the interest from, you can enter a description such as 'estate of ____' and then include the amount in the box 1 entry.

Use the following steps to go directly to that section of your return:

On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
This opens a box where you can type in “1099-INT” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
The search results will give you an option to “Jump to 1099-INT”
Click on the blue “Jump to 1099-INT” link

A

AnnetteB6Answer

If you know the amount of interest that was taxable income, then you should include it in your return as if you received a Form 1099-INT reporting the interest in box 1.

For the question of where is the interest from, you can enter a description such as 'estate of ____' and then include the amount in the box 1 entry.

Use the following steps to go directly to that section of your return:

On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
This opens a box where you can type in “1099-INT” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
The search results will give you an option to “Jump to 1099-INT”
Click on the blue “Jump to 1099-INT” link

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