ETax847 Posted April 11, 2022 Report Share Posted April 11, 2022 I have a client who is filing a 1041 Tax Return. He distributed $100k to 5 different beneficiaries. When I am completing the Input form for the Sch K-1, the distributed amounts aren't populating on the K-1. Any idea how I enter the $20k distribution so it populates on the K-1? The Tier 1 distribution and Tier 1 percent of total lines are confusing me. Thanks for your help! Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted April 11, 2022 Report Share Posted April 11, 2022 Distributions don't show on a 1041 K1 because they don't matter. What will show is any income, less expenses, that is passed out as part of those distributions. Did you enter the distributions on page 2 of the 1041? 2 Quote Link to comment Share on other sites More sharing options...
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