Schedule K-1
(Form 1041) Template

Use this schedule to report a beneficiary’s share of income, deductions, credits, and other items from an estate or trust.

By using this template, you agree to our Template Terms of Use.

Why use a Schedule K-1 (Form 1041)?

This schedule gives beneficiaries their share of estate or trust income, deductions, credits, and other items.

Identify the estate or trust

Record the estate or trust name, EIN, fiduciary details, and filing status.
Identify the beneficiary

Capture beneficiary name, address, identifying number, and domestic or foreign status.
Report share items

List the beneficiary’s income, deductions, credits, and other reported items.

This template includes estate or trust details, beneficiary information, share items, and coded reporting fields.

Estate or trust details
Captures EIN, name, fiduciary address, final return, and Form 1041-T status.
Beneficiary information
Records beneficiary identifying number, address, and domestic or foreign status.
Income items
Lists interest, dividends, capital gain, business income, and other income categories.
Deductions and credits
Provides boxes for deductions, credits, and alternative minimum tax items.
Other information
Includes coded items and supporting schedules referenced by the form.