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Form 1041 K-1 Beneficiary of estate

Nancy8
Level 1

 Form 1041 Schedule K

There is an amount of 39019 on line 5 Part II and an amount (39019)  (negative) on Box 14 code h.  

There is no other portfolio income other than 6 in interest income shown in Part III Line 1.  T/P has no other individual income except wages.

Where is Box 14 amount entered on any form?  Does it offset amount on Line 5 Part II?

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2 Comments 2
Nancy8
Level 1

I forgot to include these figures are on Form 1041

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sjrcpa
Level 15

If  you look at the Beneficiary's Instructions for K-1 it tells you where to enter 14H.


Ex-AllStar