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February 26, 2025
Question

K-1 beneficiary box 11 b

  • February 26, 2025
  • 1 reply
  • 0 views

Okay TT has to get better at describing this

I have 2 items in box 11B

Real Estate Taxes

State and Local Taxes

 

I can figure out that the Real Estate Taxes can get listed a "other property" but where would I put the State and Local taxes.  I don't have a break down and I live in a different state that where the taxes were paid.

 

 

    1 reply

    M-MTax
    February 26, 2025

    @LeslieSlope wrote:

    ....I don't have a break down and I live in a different state that where the taxes were paid.


    You should have a breakdown. The trustee (or whomever prepared the 1041) should have provided you with one along with the K-1.

    February 26, 2025

    Where would one put the State and Local Taxes from 11b ?

    \

    M-MTax
    February 26, 2025

    Schedule A, Line 5.