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, U.S. Individual Income Tax Return. Current Revision Schedule K-1 (Form 1041)PDF Instructions for Schedule K-1 (Form 1041) for a Beneficiary Filing Form 1040 (Print VersionPDF) Recent Developments None at this time. Other Items You May Find Useful All Schedule K-1 (Form 1041) Revisions About Publication 514, Foreign Tax Credit for Individuals About Publication 535, Business Expenses About Publication 559, Survivors, Executors, and Administrators About Publication 925, Passive Activity and At-Risk Rules Other Current Products Related Items About Form 706-GS (D), Generation-Skipping Transfer Tax Return for Distributions About Form 1040, U.S. Individual Income Tax Return About Form 1041, U.S. Income Tax Return for Estates and Trusts About Form 1116, Foreign Tax Credit (Individual, Estate, or Trust) About Form 2210, Underpayment of Estimated Tax by Individuals, Estates and Trusts About Form 3468, Investment Credit About Form 3800, General Business Credit About Form 6251, Alternative Minimum Tax - Individuals
