Suppress the generation of Schedule K-1 (1041)
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Hide expandable textComplete these steps if you enter beneficiary information from the will or trust agreement, but you don't want to generate a Schedule K-1 for the current-year return.
- Click the Beneficiaries tab in a 1041 project.
- Highlight a beneficiary and click Edit.
- Click the Federal tab in the Edit: Beneficiaries panel.
- Enter X in the Suppress printing of this Schedule K-1 field.
- Click Save.
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