Texas Proud
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 16, 2005
- Messages
- 17,316
OK, trying to finish up my mother's final income tax return and am using TurboTax as they also have a 1041 program.
So , calculated the 1099 income that goes to the 1040 and the 1041. I input the full amount of the 1099s to the 1040 planning on adding a line that would say "Allocated to 1041 - tax ID number"... but I cannot input a negative number.
How did others handle this allocation?
It was easy for the 1041 as I just put down "Allocated from 1040 -SS#"...
So , calculated the 1099 income that goes to the 1040 and the 1041. I input the full amount of the 1099s to the 1040 planning on adding a line that would say "Allocated to 1041 - tax ID number"... but I cannot input a negative number.
How did others handle this allocation?
It was easy for the 1041 as I just put down "Allocated from 1040 -SS#"...