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THERE IS NO ASSEST. It is money only. And I know about what you are saying about rental but there is no RENTAL. The inheritance was money only. No income was ma...
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Maybe I did not explain well. On the K-1 of the 1041 estate the amount in on line 5 which is other portfolio and non business income. This is an inheritance the...
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Have a 1041 inheritance line 5 of 1041. there is an adjustment in box 14 "H" to zero out inheritancebut it is not working. It still wants to tax it as rental in...