AnotherTaxGuy
Level 2
03-31-2022
05:56 PM
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I have a trust return that is final. There are excess deductions included in Box 11A of the K-1.
The beneficiary is another trust.
I did an export of the K-1 from the the final trust into the beneficiary trust. The information in box 11A didn't flow anywhere.
Honestly, I didn't expect it to, but I am not sure where to enter the information.
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TaxGirl3
Level 5
04-01-2022
08:36 AM
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Excess deductions are now separately listed based on type of excess deduction. Just manually input where they belong (so excess fiduciary fees get input as fiduciary fees).
AnotherTaxGuy
Level 2
04-01-2022
10:56 AM
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Thanks, this was my original thought, glad to have some confirmation.
