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March 29, 2023
Question

Turbotax only asks about rental income, how can I enter estate trust info on schedule E?

  • March 29, 2023
  • 2 replies
  • 0 views
I was provided a 1041 and just need to enter info on a Schedule E but cannot access the form. Turbotax only asks about rental or royalty income which do not apply.

2 replies

DoninGA
Employee
March 29, 2023

Did you receive a 1041 Schedule K-1 from the Trust that includes rental income?

JohnB5677
March 30, 2023

Yes, you can enter your Estate or Trust Form 1041.

 

  1. On the menu bar on the left that shows.
    1. My Info
    2. Federal
    3. State
    4. Review
    5. File
  2. Select Tax Tools
  3. On the drop-down select Tools
  4. There will be 4 green boxes
  5. Select Tax Topics
  6. Type 1041
  7. The screen Schedule K-1 or Q will come up.
  8. Respond Yes
  9. Tell us about your Schedule K-1
  10. Select Estates or trusts (Form 1041) [Start/Update]
  11. Follow the interview.

Reminder: When you're in TurboTax, and you're not sure of something, select the (?) next to the topic for more information.

If this does not completely answer your question, please contact us again and provide some additional details.


 

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