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1041 Initial & fina return

gamacpa
Level 3

Where do I input charitable deductions so that beneficiaries can take deduction on k1 ? 

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1 Comment 1
sjrcpa
Level 15

Probably nowhere.

See 1041 page 2 Schedule A and instructions for the limited circumstances where the trust or estate can take a charitable contribution deduction.

I don't think charitable contributions can flow out on a K-1. Note there is no K-1 Code for this.

The more I know, the more I don't know.