Schedule K-1 equivalent for 1041-NY
Unlike the federal Schedule K-1, only part of the New York K-1 equivalent completes for beneficiaries, depending on residency status.
- Net share of New York fiduciary adjustment and additional information will only complete for resident beneficiaries.
- Net share of New York fiduciary adjustment, nonresident share of New York state income, deductions and tax preference items, and additional information will be completed for nonresident beneficiaries.
