Question
Income from a K-1 filed with Trust 1041 not showing up on my Wage and Income Tax Transcript
When the Trust filed a 1041 and issued me a K-1 even though I declared the income on my 1040 when I filed the K-1 Income is not showing on my Wage and Income Tax Transcript. It’s been 6 weeks since the Trust filed the 1041 with the K-1. Does it usually take this much time for the K-1 to show up on my Transcript? The Trust 1041 with the K-1 was mailed to the IRS and not filed electronically and a copy of the K-1 was mailed to me by the Trust.
