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Form K-1 (1041) - Purpose of Form

Article ID: 34793  

Question
Form K-1 (1041) - Purpose of Form

Answer

General Instructions

Use Schedule K-1 (Form 1041) to report the beneficiary's share of income, deductions, and credits from a trust or a decedent's estate.

Grantor type trusts do not use Schedule K-1 (Form 1041) to report the income, deductions, or credits of the grantor (or other person treated as owner). See Grantor Type Trusts, earlier.

 

Form K-1 (1041)


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Views: 306 Created on: Jun 15, 2013