JFG
Level 2
10-09-2020
06:22 AM
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Yes, 2 Form 1041's and no K-1. TP thinks it's part of his inheritance but to me, it's earnings. Waiting to talk to his accountant who created the Form 1041s to see why she thinks the TP doesn't need a K-1.. Apparently there is some language in the decedent's will that the TP feels indicates it's inheritance..