1041 Preparation and Planning 4: Schedule K-1 (2017 Edition)
Authored by Sidney Kess and Barbara Weltman
About this Course
This course explains how to properly complete Schedule K-1 (Form 1041), Beneficiary's Share of Income, Deductions, Credits, etc.
Upon completing this course, you should be able to: Explain the purpose of Schedule K-1; Compute distributable net income; Discuss beneficiary reporting for simple trusts, complex trusts, and estates; Complete Schedule K-1
1041 Preparation and Planning 3: Tax Computation and Completing the Return or equivalent knowledge