The following relates to the correct entry of data for your Schedule E (Form 1040) Supplemental Income and Loss, Part III Income or Loss from Estates and Trusts, when you have received a Schedule K-1 from an estate or trust.
The information from Schedule K-1 (Form 1041) Beneficiary's Share of Income, Deductions, Credits will only transfer to Schedule E, page 2 when there are amounts to be reported in columns (c) through (f) on Line 33. Per the IRS, the information only needs to be transferred to Part III when passive and nonpassive amounts also need to be reported on Schedule E.
Therefore, if you only have items such as interest, dividends, or capital gains, those items would be transferred to the appropriate schedule. Your interest and dividend income from the trust would be shown on Schedule B Interest and Ordinary Dividends, and your capital gains would be transferred to Schedule D Capital Gains and Losses.