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To enter or review a beneficiary's share of income, deductions and/or credits in the TaxAct program, from the information on Schedule K-1, Form 1041 Estate or Trust Income:
  1. From within your TaxAct return (Online or Desktop), click on the Federal tab. On smaller devices, click the menu icon in the upper left-hand corner, then select Federal
  2. Click Other Income to expand the category and then click Estate or trust income (Form 1041 Schedule K-1)
  3. Click Add to create a new copy of the form or click Review to review a form already created 
  4. The program will proceed with the interview questions for you to enter or review the appropriate information

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