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.
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