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    Estate with a year ending 11/3017 received a 1120s k-1 for a year ending 12/31/17 which year does the estate report the income

    pttitle-docs
    Level 1

    1120S k-1 for year ending 12/31/17 belongs on 2016 or 2017 form 1041 with a year ending 11/30/17

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    sjrcpa
    Level 15

    The K-1 goes on the estate's 1041 for the year ending 11/30/18


    The more I know the more I don’t know.

    View solution in original post

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    3 Comments 3
    sjrcpa
    Level 15

    The K-1 goes on the estate's 1041 for the year ending 11/30/18


    The more I know the more I don’t know.
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    pttitle-docs
    Level 1
    Thank you for your prompt response which confirms my answer to the question.
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    sjrcpa
    Level 15
    YW

    The more I know the more I don’t know.
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