I am working on a 1041 and have a question.  I have done it two ways. One with K-1's flowing to the beneficiaries and one with no K-1's.  The K-1's past the rental income and interest income to the beneficiaries  but the one with no K-1's there is no tax because it is below $600.00 taxable income.  I would like to file it without K-1's is that acceptable?