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March 12, 2021
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K1 Form 1041

  • March 12, 2021
  • 1 reply
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I am using Turbo Tax Home and Business to prepare our 2020 Taxes. I have inputted the data from a K1 Form 1041 I received as an Estate Beneficiary. The program inputs this data as a business loss rather than in the personal income section, even though I originally put it in the personals section. I have attempted to manually change it back to the personal section but it doesn't allow it. How can I complete my taxes?

    Best answer by Anonymous_

    If I remove this from the Business/Estate Income Section, where should this go?


    No text available

    1 reply

    Employee
    March 12, 2021

    Did you enter it in the section shown in the screenshot below?

     

    1.png

    March 12, 2021

    Yes I did.

    Employee
    March 12, 2021
    No text available