Schedule K-1 (Form 1041) - Entering in Program
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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 Federal. On smaller devices, click the menu icon in the upper left-hand corner, then select Federal
  2. Click Other Income in the Federal Quick Q&A Topics menu to expand the category and then click Estate or trust income (Form 1041 Schedule K-1)
  3. Click +Add Estate and Trust Schedule K-1 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