grandmabee Posted April 2, 2013 Report Posted April 2, 2013 1st and final estate tax return. estate received a 1099R with federal and state withholding. does this flow thur the K-1's on final year? I thought it did but can't find where, or does the refund get sent to the estate thru the 1041 thanks Quote
OldJack Posted April 2, 2013 Report Posted April 2, 2013 The 1041 shows zero taxable income & deductions if it is passing taxable items to the 1041-k1. It does not pass assets/principal of the estate and a refund on page 1 is an asset that will refund to the estate for non-k1 distribution. Quote
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