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My client received a final k-1 from his mother's estate.

auntiewild701
Level 1

How do I report this using Proseries Basic?  Also, the amounts on Line 5 and Line 14H cancel each other out.  

0 Cheers
1 Comment 1
George4Tacks
Level 15

It looks like your question was handled at https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/does-taxable-income-and... 

Look at the K-1 instructions https://www.irs.gov/pub/irs-pdf/i1041sk1.pdf

Look at Form instructions for 8960 https://www.irs.gov/pub/irs-pdf/i8960.pdf and see what it is that you think is wrong with what your software did with your input.


Here's wishing you many Happy Returns