What is the form used for? :
- Schedule K-1 (Form 1041) is a source document prepared by the fiduciary to an estate or trust as part of the filing of their tax return (Form 1041).
Is the form Supported in our program? Yes
How to access the form: To access the form, you will need to open a 1040/Business return on the desktop and then go to Add Form/Display and type K-1.
Limits to the form: This form can only be accessed from the desktop software. This form can be copied.
IRS Publication: https://www.irs.gov/forms-pubs/about-schedule-k-1-form-1041