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1041 return

bernieniehaus
Level 1

I entered the detail of interest and dividends on Interest and Dividend Income Worksheet but the totals did not automatically transfer to page 1 of the 1041 return as it has in past years. When I manually entered the totals to page 1 the number appears in red. Why?

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JH6
Employee
Employee

Did you make an override on Form 1041 line 1 or line 2 but later removed the number and forgot to cancel override? If you right click on the field, do you see "Cancel Override" option ? 

The calculation on the line won't work until you cancel override. 

 

2021-02-25_15-49-13.jpg

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4 Comments 4
JH6
Employee
Employee

Which part did you enter it on Interest and Dividend Income Worksheet?

bernieniehaus
Level 1

I used the detail portion of the Interest and Dividend Income Worksheet as I have for this client for the past several years without an incident. 

Curiously, I did a second 1041 return today and is worked perfectly - no red numbers.

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JH6
Employee
Employee

Did you make an override on Form 1041 line 1 or line 2 but later removed the number and forgot to cancel override? If you right click on the field, do you see "Cancel Override" option ? 

The calculation on the line won't work until you cancel override. 

 

2021-02-25_15-49-13.jpg

bernieniehaus
Level 1

That worked. Thank you.

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