Karen Lee Posted September 6, 2012 Report Posted September 6, 2012 Actually the Sch C and Sch E are flowing to the 1041 and nothing is flowing to the K-1. All bunny hops are all over the place. On the distributable income worksheet only #'s from Sch E show up and when I go to Ordinary Income for the Sch C amounts it bunny hops to nowhere. This is a testamenary trust. Sch C is a loss and Sch E is not a loss but overall there is income. The software is calculating tax for the trust???!!!!!! I am truly hoping to have all of my returns done by Oct 15 but things like this drive me crazy and I spend a ton of time getting nothing done. I don't have a ton of experience on 1041's. Thinking I am not checking a box that needs to be checked. Help please. Karen Quote
OldJack Posted September 6, 2012 Report Posted September 6, 2012 You need to fill out page 2 sch B. Quote
Karen Lee Posted September 6, 2012 Author Report Posted September 6, 2012 That did it. Thanks, Old Jack. Karen Quote
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