ARTICLES

As the fiduciary, file a 1041 Trust K-1 form when reporting income that a trust or estate generates, according to TurboTax. For each beneficiary, file form 1041 with the Internal Revenue Service detailing any credits or ...

www.reference.com/article/file-1041-trust-k-1-form-irs-f5e5c27ccbe966b8

Schedule K-1 is a form used to report the taxpayer's portion of the income from a partnership, S-corporation, estate or trust. These legal entities use a pass-through taxation, according to TurboTax. They shift the respo...

www.reference.com/business-finance/schedule-k-1-9bdd4d2b4a02e942

The Schedule K-1 tax form declares the amount of money passed from the entity that earned the income to the parties that have interest in the entity, and it also passes the tax liability to those parties, explains TurboT...

www.reference.com/article/schedule-k-1-tax-form-1c296f340f32d54b

SIMILAR ARTICLES

Schedule K-1 is a form used to report the taxpayer's portion of the income from a partnership, S-corporation, estate or trust. These legal entities use a pass-through taxation, according to TurboTax. They shift the respo...

www.reference.com/business-finance/schedule-k-1-9bdd4d2b4a02e942

The Schedule K-1 tax form declares the amount of money passed from the entity that earned the income to the parties that have interest in the entity, and it also passes the tax liability to those parties, explains TurboT...

www.reference.com/article/schedule-k-1-tax-form-1c296f340f32d54b

Representatives of a deceased person pay estate taxes before the money is distributed to beneficiaries, and taxpayers pay income taxes on their earnings, according to TurboTax. Individuals who receive money from an estat...

www.reference.com/article/difference-between-estate-tax-income-tax-34edbb160a614c74

An IRS W-9 form, also known as the Request for Taxpayer Identification Number and Certification is a document that is submitted by an individual to his or her employer or any organization that is required to file a W-2, ...

www.reference.com/article/irs-w-9-form-47eb84bb97e81e81