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Форма 1041 Розклад K-1 Інструкція

Інструкція по графіку K-1 (Форм 1041) для Beneficiary Filing Form 1040

Реп. 2023

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Department of the Treasury  
Internal Revenue Service  
2023  
Instructions for Schedule K-1  
(Form 1041) for a Beneficiary  
Filing Form 1040 or 1040-SR  
Note. The fiduciary’s instructions for completing Schedule K-1 are in the  
Instructions for Form 1041.  
Section references are to the Internal Revenue Code unless  
otherwise noted.  
treatment of the item consistent with that shown on the estate’s  
or trust’s return. Any deficiency that results from making the  
amounts consistent may be assessed immediately.  
Future Developments  
Errors  
For the latest information about developments related to  
Schedule K-1 (Form 1041) and its instructions, such as  
legislation enacted after they were published, go to IRS.gov/  
If you believe the fiduciary has made an error on your  
Schedule K-1, notify the fiduciary and ask for an amended or a  
corrected Schedule K-1. Don’t change any items on your copy.  
Be sure that the fiduciary sends a copy of the amended  
Schedule K-1 to the IRS. If you are unable to reach an  
agreement with the fiduciary regarding the inconsistency, you  
must file Form 8082.  
Reminders  
Excess deductions on termination. Under Final Regulations -  
TD9918, each excess deduction on termination of an estate or  
trust retains its separate character as an amount allowed in  
arriving at adjusted gross income, a non-miscellaneous itemized  
deduction, or a miscellaneous itemized deduction.  
If you are the executor of an estate and you received a  
decedent's Schedule K-1 from an estate or trust in which the  
decedent had a beneficial interest, but the decedent died in a  
prior year, then you should request that the fiduciary send you a  
corrected Schedule K-1 to reflect the proper allocation of tax  
items under the will or the trust's governing instrument.  
Deductions, later, for more information.  
Beneficiaries of Generation-Skipping Trusts  
Beneficiary's identification number. For your protection,  
Schedule K-1 may show only the last four digits of your  
identifying number (social security number (SSN), etc.).  
However, the estate or trust has reported your complete  
identifying number to the IRS.  
If you received Form 706-GS(D-1), Notification of Distribution  
From a Generation-Skipping Trust, and paid a  
generation-skipping transfer (GST) tax on Form 706-GS(D),  
Generation-Skipping Transfer Tax Return for Distributions, you  
can deduct the GST tax paid on income distributions on  
Schedule A (Form 1040), line 6. To figure the deduction, see the  
Instructions for Form 706-GS(D).  
Backup withholding. If Schedule K-1 shows backup  
withholding in box 13, code B, attach a copy to your return.  
Specific Instructions  
Part I—Information About the Estate or Trust  
Item E  
General Instructions  
Purpose of Form  
Use Schedule K-1 to report a beneficiary's share of the estate’s  
or trust’s income, credits, deductions, etc., on your Form 1040 or  
1040-SR. Keep it for your records. Don’t file it with your tax  
return, unless backup withholding was reported in box 13, code  
B.  
If the item E box is checked, this is the final year of the estate or  
trust.  
Note. If the “Final K-1” box at the top of Schedule K-1 is  
checked, this is the final return for the beneficiary.  
Inconsistent Treatment of Items  
Generally, you must report items shown on your Schedule K-1  
(including attached schedules) the same way that the estate or  
trust treated the items on its return.  
Part III—Beneficiary’s Share of Current Year  
Income, Deductions, Credits, and Other Items  
The amounts shown in boxes 1 through 14 reflect your share of  
income, loss, deductions, credits, etc., from an estate or trust.  
For Form 1040 or 1040-SR filers, page 2 of Schedule K-1  
provides summarized reporting information. The summarized  
reporting information reflects references to forms in use for  
calendar year 2023.  
If the treatment of an item on your original or amended return  
is inconsistent with the estate’s or trust’s treatment (or if the  
estate or trust was required to but hasn't filed a return), you must  
file Form 8082, Notice of Inconsistent Treatment or  
Administrative Adjustment Request (AAR), with your original or  
amended return to identify and explain any inconsistency (or to  
note that an estate or trust return hasn't been filed).  
Note. If you are not an individual, report the amounts in each  
box as instructed on your tax return.  
If you are required to file Form 8082 but fail to do so, you may  
be subject to the accuracy-related penalty. This penalty is in  
addition to any tax that results from making your amount or  
Codes. In box 9 and boxes 11 through 14, the fiduciary will  
identify each item by entering a code in the column to the left of  
Dec 11, 2023  
Cat. No. 11374Z  
the dollar amount entry space. These codes are identified on  
page 2 of Schedule K-1.  
Any losses reported in boxes 6 through 8 may be subject to  
the passive loss limitations of section 469, which generally limits  
deducting passive losses only from passive activity income. The  
rules for applying these limitations to beneficiaries haven't yet  
been issued. For more details, see Pub. 925, Passive Activity  
and At-Risk Rules.  
Attached statements. The fiduciary will enter an asterisk (*)  
after the code, if any, in the column to the left of the dollar  
amount entry space for each item for which it has attached a  
statement providing additional information. For those  
informational items that cannot be reported as a single dollar  
amount, the estate or trust will enter an asterisk (*) in the left  
column and enter “STMT” in the dollar amount entry space to  
indicate the information is provided on an attached statement.  
Box 9—Directly Apportioned Deductions  
The fiduciary must attach a statement showing depreciation,  
depletion, and amortization directly apportioned to you, if any, for  
each activity reported in boxes 5 through 8.  
Box 1—Interest Income  
Box 10—Estate Tax Deduction (Including Certain  
Generation-Skipping Transfer Taxes)  
This box reports the beneficiary’s share of the taxable interest  
income. This amount is reported on line 2b of Form 1040 or  
1040-SR and Schedule B, Part I, line 1, if applicable.  
If an estate or trust distributes IRD to a beneficiary, the  
beneficiary is entitled to deduct the portion of the estate tax  
imposed on the decedent's estate which is attributable to the  
IRD distributed to the beneficiary. You may claim this amount on  
line 16 of Schedule A (Form 1040). For an example of how this  
amount was computed, see Regulations section 1.691(c)-2 and  
Pub. 559, Survivors, Executors, and Administrators.  
Box 2a—Ordinary Dividends  
This box reports the beneficiary’s share of ordinary dividends.  
This amount is reported on line 3b of Form 1040 or 1040-SR and  
Schedule B, Part II, line 5, if applicable.  
Box 2b—Qualified Dividends  
Box 11, Code A—Excess Deductions on  
Termination—Section 67(e) Expenses  
This box reports the beneficiary’s share of qualified dividends.  
This amount is reported on line 3a of Form 1040 or 1040-SR.  
If this is the final return of the estate or trust, and there are  
excess deductions on termination that are section 67(e)  
expenses reported to you as a beneficiary, you may deduct the  
excess deductions shown in box 11, code A, as an adjustment to  
income. Report this amount on Schedule 1 (Form 1040), Part II,  
line 24k.  
Boxes 3 and 4a—Net Short-Term and Net  
Long-Term Capital Gain  
Net short-term capital gains are reported on line 5 of Schedule D  
(Form 1040) and net long-term capital gains are reported on  
line 12 of Schedule D (Form 1040).  
See Final Regulations - TD9918 for examples of allowable  
excess deductions on termination of an estate or trust.  
If there is an attachment to this Schedule K-1 reporting a  
disposition of a passive activity, see the Instructions for Form  
8582, Passive Activity Loss Limitations, for information on the  
treatment of a disposition of an interest in a passive activity.  
Excess deductions on termination occur only during the last  
tax year of the trust or decedent’s estate when the total  
deductions (excluding the charitable deduction and exemption)  
are greater than the gross income during that tax year. Only the  
beneficiary of an estate or trust that succeeds to its property is  
allowed to deduct that entity’s excess deductions on termination.  
A beneficiary who doesn’t have enough income in that year to  
absorb the entire deduction can’t carry the balance over to any  
succeeding year.  
Boxes 4b and 4c—28% Rate Gain and  
Unrecaptured Section 1250 Gain  
A 28% rate gain is reported on line 4 of the 28% Rate Gain  
Worksheet—Line 18 in the Schedule D (Form 1040) instructions.  
Box 11, Code B—Excess Deductions on  
Termination—Non-Miscellaneous Itemized  
Deductions  
An unrecaptured section 1250 gain is reported on line 11 of  
the Unrecaptured Section 1250 Gain Worksheet—Line 19 in the  
Schedule D (Form 1040) instructions.  
If this is the final return of the estate or trust, and there are  
excess deductions on termination that are non-miscellaneous  
itemized deductions reported to you as a beneficiary, you may  
deduct the excess deductions shown in box 11, code B, on the  
applicable line of Schedule A (Form 1040). The fiduciary will  
provide you with a statement of allowable deductions. See Final  
Regulations - TD9918 for examples of allowable excess  
deductions on termination of an estate or trust. A beneficiary  
who doesn’t have enough income in the tax year to absorb the  
entire deduction can’t carry the balance to any succeeding year.  
Box 5—Other Portfolio and Nonbusiness Income  
The amount reported in this box is your distributive share of  
royalties, annuities, and other income that isn't subject to the  
passive activity rules. It also includes income in respect of a  
decedent (IRD), which isn't included in box 1, 2a, 3, 4a, 6, 7, or  
8.  
Boxes 6 Through 8—Ordinary Business Income,  
Net Rental Real Estate Income, and Other Rental  
Income  
Note. Section 67(g) suspends miscellaneous itemized  
deductions subject to the 2% floor for tax years 2018 through  
2025. Therefore, miscellaneous itemized deductions are not  
deductible as excess deductions on termination. Consult your  
state taxing authority for information about deducting  
The fiduciary will provide you with a separate schedule showing  
your distributive share of income from each trade or business,  
net rental real estate, or other rental activity.  
miscellaneous itemized deductions on your state tax return.  
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2023 Instructions for Schedule K-1 (Form 1041)  
   
Note. Form 1041-T, Allocation of Estimated Tax Payments to  
Beneficiaries, must be timely filed by the fiduciary for the  
beneficiary to get the credit for an estimated tax payment.  
Box 11, Codes C and D—Unused Capital Loss  
Carryover  
Code B. Credit for backup withholding. Include this amount  
on line 25c of your Form 1040 or 1040-SR and attach a copy of  
Schedule K-1 (Form 1041) to your return.  
Upon termination of the trust or decedent’s estate, the  
beneficiary succeeding to the property is allowed to deduct any  
unused capital loss carryover under section 1212.  
Code C. Low-income housing credit. Report this amount on  
Form 8586, line 4. If your only source for the credit is a  
pass-through entity, such as an estate or trust, you can report the  
amount directly on Form 3800, Part III, line 4d.  
A short-term capital loss carryover, reported as code C, is  
reported on Schedule D (Form 1040), line 5.  
A long-term capital loss carryover, reported as code D, is  
reported, as appropriate, on Schedule D (Form 1040), line 12;  
line 5 of the 28% Rate Gain Worksheet—Line 18 in the  
Schedule D (Form 1040) instructions; and line 16 of the  
Unrecaptured Section 1250 Gain Worksheet—Line 19 in the  
Schedule D (Form 1040) instructions.  
Code D. Advanced manufacturing production credit.  
Report this amount on Form 7207, line 7. If your only source for  
the credit is a pass-through entity, such as an estate or trust, you  
can report the amount directly on Form 3800, Part III, line 1b.  
Code H. Biofuel producer credit. See the Instructions for  
Form 6478 for more information. If your only source for the credit  
is a pass-through entity, such as an estate or trust, you can  
report the amount on Form 3800, Part III, line 4c.  
Box 11, Codes E and F—NOL Carryover  
Upon termination of a trust or decedent’s estate, a beneficiary  
succeeding to its property is allowed to deduct any unused net  
operating loss (NOL) if the carryover would be allowable to the  
trust or estate in a later tax year but for the termination. The  
deduction for regular tax purposes, reported as code E, is  
reported on Schedule 1 (Form 1040), line 8a.  
Code J. Renewable electricity production credit. The  
fiduciary must provide you with a statement showing the amount  
of credit to report on Form 8835, line 14 (including the allocation  
of the credit for production during the 4-year period beginning on  
the date the facility was placed in service and for production after  
that period). If your only source for the credit is a pass-through  
entity, you can report the amount from line 14 directly on Form  
3800, Part III, lines 1f and 4e, as applicable. Otherwise,  
complete Form 8835 as directed.  
A deduction for an Alternative Tax NOL (ATNOL) carryover for  
alternative minimum tax (AMT) purposes, reported as code F, is  
reported on Form 6251, line 2f.  
Code O. Biodiesel, renewable diesel, or sustainable avia-  
tion fuels credit. If this credit includes the small agri-biodiesel  
producer credit, the fiduciary will provide additional information  
on an attached statement. If no statement is attached, report this  
amount on line 10 of Form 8864. If a statement is attached, see  
the instructions for Form 8864, line 12.  
Box 12—Alternative Minimum Tax Items  
The information reported in box 12, codes A through I, is used to  
prepare your Form 6251. Code A, Adjustment for minimum tax  
purposes, is the total amount reported on Form 6251, line 2j.  
Codes B through F represent the portion, if any, of the amount  
included in code A.  
Code R. Recapture of credits. If you are required to recapture  
any credits, the fiduciary will provide a statement with the  
information you need to figure your credit recapture.  
Codes B through F. If you have an amount in box 12 with code  
B, C, D, E, or F, see the instructions for lines 13, 14, and 15 of  
Form 6251.  
Code ZZ. Other credits. Use this code to report the  
beneficiary's share of all other credits.  
Codes G through I. Include the amount with any of these  
Box 14—Other Information  
codes on the applicable line of Form 6251.  
Code C. Qualified rehabilitation expenditures. The fiduciary  
will provide you with a statement with your share of qualified  
rehabilitation expenditures and other information you need to  
complete Part VII of Form 3468, Investment Credit. If there are  
expenditures and other information from more than one activity,  
the attached statement will separately identify the expenditures  
and other information from each property. See the instructions  
for Form 3468, Part VII, for details.  
Code J. Exclusion items. If you pay AMT in 2023, the amount  
in box 12, code J, will help you figure any minimum tax credit for  
2024. See the 2024 Form 8801, Credit for Prior Year Minimum  
Tax—Individuals, Estates, and Trusts, for more information.  
Box 13—Credits and Credit Recapture  
Codes A through Q, and code ZZ, list all the credits that may be  
allocated to you as a beneficiary.  
Note. Expenditures related to rental real estate activities are  
subject to different passive activity limitation rules than other  
qualified rehabilitation expenditures. See the Instructions for  
Form 8582-CR, Passive Activity Credit Limitations, for details.  
Generally, you must file the source credit form along with  
Form 3800, General Business Credit, to claim the general  
business credits listed on Schedule K-1 (Form 1041), codes C  
through Q, and code ZZ. However, if your only source for the  
credits listed on Form 3800, Part III, is from pass-through  
entities, you may not be required to complete the source credit  
form. Instead, you may be able to report the credit directly on  
Form 3800. See below for the instructions for specific credits.  
Code D. Basis of energy property. The fiduciary will provide  
you with a statement with the distributive share of amounts that  
you will need to complete Form 3468, Part VI. If there is  
information for more than one property, the attached statement  
will separately identify the information for each property. See the  
instructions for Form 3468, Part VI, for details.  
Code A. Credit for estimated taxes. The beneficiary treats  
this amount as a payment of estimated tax. To figure any  
underpayment and penalty on Form 2210, Underpayment of  
Estimated Tax by Individuals, Estates, and Trusts, treat the  
amount entered in box 13, code A, as an estimated tax payment  
made on January 16, 2024.  
Code F. Gross farming and fishing income. The amount of  
farming and fishing income is included in box 6. This income is  
separately stated to help determine if you are subject to a  
penalty for underpayment of estimated tax. Report the amount of  
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2023 Instructions for Schedule K-1 (Form 1041)  
gross farming and fishing income on Schedule E (Form 1040),  
Supplemental Income and Loss, line 42.  
trade(s) or business(es), or aggregation(s) and include items  
that may not be includible in your calculation of the QBI  
deduction and patron reduction. When determining QBI items  
allocable to qualified payments, you must include only qualified  
items that are included or allowed in determining taxable income  
for the tax year. To determine your QBI items allocable to  
qualified payments, see the Instructions for Form 8995-A.  
Wages allocable to qualified payments from specified  
cooperatives. The amounts reported reflect your apportioned  
pro rata share of the trust’s or estate’s W-2 wages allocable to  
qualified payments of each qualified trade or business, or  
aggregation. See the Instructions for Form 8995-A.  
Code H. Net investment income tax. This amount is the  
beneficiary's adjustment for section 1411 net investment income  
or deductions. Enter this amount on line 7 of Form 8960, as  
applicable. See the Instructions for Form 8960.  
Code I. Section 199A information. Generally, you may be  
allowed a deduction of up to 20% of your apportioned net  
qualified business income (QBI) plus 20% of your apportioned  
qualified REIT dividends, also known as section 199A dividends,  
and qualified publicly traded partnership (PTP) income from the  
trust or estate. The trust or estate will provide the information you  
need to help figure your deduction.  
Section 199A(g) deduction from specified cooperatives.  
The amount reported reflects your apportioned pro rata share of  
the trust’s or estate’s net section 199A(g) deduction. See the  
Instructions for Form 8995-A.  
Once you have this information, you will use one of two forms  
to help you figure your QBI deduction.  
1. Use Form 8995, Qualified Business Income Deduction  
Simplified Computation, if:  
Code J. Qualifying advanced coal project property and  
qualifying gasification project property. The fiduciary will  
provide you with a statement with the distributive share of  
amounts that you will need to complete Form 3468, Part II,  
Sections A and B. If there is information for more than one  
property, the attached statement will separately identify the  
information for each property. See the instructions for Form  
3468, Part II, Sections A and B, for details.  
a. You have QBI, section 199A dividends, or PTP income  
(defined below);  
b. Your 2023 taxable income before your QBI deduction is  
less than or equal to $182,100 if single, married filing separately,  
head of household, qualifying surviving spouse, or are a trust or  
estate, or $364,200 if married filing jointly; and  
Code K. Qualifying advanced energy project property. The  
fiduciary will provide you with a statement with the distributive  
share of amounts that you will need to complete Form 3468, Part  
III. If there is information for more than one property, the attached  
statement will separately identify the information for each  
property. See the instructions for Form 3468, Part III, for details.  
c. You aren’t a patron in a specified agricultural or  
horticultural cooperative.  
2. Use Form 8995-A, Qualified Business Income Deduction,  
if you don’t meet all three of these requirements.  
QBI pass-through entity reporting information. Using the  
information provided to you by the trust or estate, complete the  
appropriate form as identified above.  
Code L. Advanced manufacturing investment property. The  
fiduciary will provide you with a statement with the distributive  
share of amounts that you will need to complete Form 3468, Part  
IV. If there is information for more than one property, the attached  
statement will separately identify the information for each  
QBI or qualified PTP items subject to beneficiary-specific  
determinations. The amounts reported to you reflect your  
apportioned pro rata share of items from the trust’s or estate’s  
trade(s) or business(es), or aggregation(s) and may include  
items that aren’t includible in your calculation of the QBI  
deduction. When determining QBI or qualified PTP income, you  
must include only those items that are qualified items of income,  
gain, deduction, and loss included or allowed in determining  
taxable income for the tax year. To determine your QBI or your  
qualified PTP income amounts and for information on where to  
report them, see the instructions for Form 8995 or Form 8995-A,  
as applicable.  
property. See the instructions for Form 3468, Part IV, for details.  
Code ZZ. Other information. If this code is used, the fiduciary  
will provide you with any additional information you may need to  
file your return that isn't shown elsewhere on this Schedule K-1.  
The fiduciary will provide you with any information needed to  
figure capital gains with respect to a section 1061 partnership  
interest. For more information, go to Section 1061 Reporting  
W-2 wages. The amounts reported reflect your apportioned  
pro rata share of the trust’s or estate’s W-2 wages allocable to  
the QBI of each qualified trade or business, or aggregation. See  
the instructions for Form 8995 or Form 8995-A, as applicable.  
UBIA of qualified property. The amounts reported reflect  
your apportioned pro rata share of the trust’s or estate’s  
unadjusted basis immediately after acquisition (UBIA) of  
qualified property of each qualified trade or business, or  
aggregation. See the instructions for Form 8995 or Form 8995-A,  
as applicable.  
Section 199A dividends. The amount reported reflects your  
apportioned pro rata share of the trust’s or estate’s net section  
199A dividends. See the instructions for Form 8995 or Form  
8995-A, as applicable.  
If you receive a statement regarding the splitting of foreign tax  
credits from the income to which it relates, section 909 may  
prevent you from deducting the foreign tax credit until the related  
foreign income is taken into account. See Form 1116, Foreign  
Tax Credit, and Pub. 514, Foreign Tax Credit for Individuals, for  
more information.  
The fiduciary will provide you the information that you need to  
figure your section 951A income. Report your section 951A  
income on Schedule 1 (Form 1040), line 8o, or the comparable  
line of your income tax return. For details, see the Instructions for  
Form 8992, U.S. Shareholder Calculation of Global Intangible  
Low-Taxed Income (GILTI).  
Your distributive share of the net amount of section 965(a)  
inclusion less the corresponding section 965(c) deduction  
should be reported in box 14, code ZZ. In addition, the fiduciary  
will provide a statement detailing your distributive share of the  
section 965(a) inclusion, the section 965(c) deduction, and any  
section 960 deemed paid foreign tax credits related to your  
distributive share of the section 965(a) inclusion (relevant to  
corporate beneficiaries and individual beneficiaries electing to  
be taxed as a corporation on gross income under section 951(a),  
including such gross income by reason of section 965).  
Patrons of specified agricultural and horticultural  
cooperatives. If the trust or estate was a patron of an  
agricultural or horticultural cooperative (specified cooperative),  
you must use Form 8995-A to figure your QBI deduction. In  
addition, you must complete Schedule D (Form 8995-A) to  
determine your patron reduction.  
QBI items allocable to qualified payments from specified  
cooperatives subject to beneficiary-specific  
determinations. The amounts reported to you reflect your  
apportioned pro rata share of items from the trust’s or estate’s  
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2023 Instructions for Schedule K-1 (Form 1041)  
If an estate or trust is required to file Form 8990, Limitation on  
Business Interest Expense Under Section 163(j), the adjusted  
taxable income of an estate or trust beneficiary is reduced by  
any income (including any distributable net income) received  
from the estate or trust by the beneficiary to the extent such  
income supported a deduction for business interest expense  
under section 163(j)(1)(B) in computing the estate's or trust's  
taxable income. If applicable, the fiduciary will provide you the  
necessary information to calculate this amount on an attachment  
to Schedule K-1.  
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2023 Instructions for Schedule K-1 (Form 1041)