Use this Schedule K-1 worksheet to report your share of income from an estate or trust.
The line numbers on our Schedule K-1 follow those of the IRS form. Just copy the amounts from your K-1, and we'll automatically carry them to the appropriate places.
If you have an entry on your K-1 which is not represented on-screen, then enter those items directly at the appropriate place on your tax return.
Note:You don't file the K-1 you received from the estate or trust, or this worksheet, with the IRS.
For more information about any line item on the K-1, you might consult the tax topic on the similar item on the partnership and S Corporation K-1 worksheet.
In some situations, we automatically carry the amount on line of your K-1 to the foreign tax credit line of Form 1040. In other cases, you should manually carry the amount on line to Form 1116 or Schedule A. Please see the IRS instructions for Form 1116, Schedule A, and Form 1040 for more information about how to report this amount.