Kathleen1
Level 4
03-16-2021
09:03 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a trust that received a K-1 from an administrative trust that was final this year and distributed excess deductions on termination on the K-1 to the beneficiary trust. Does anyone know how you enter the excess deductions off of the K-1 into the beneficiary trust return. Unlike in the individual program, there is no specific place in the fiduciary program on the passthrough K-1 input to enter the excess deductions on termination.
Labels