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Schedule K-1, Form 1041, Box 11 - Final Deductions amounts are reported for: The beneficiary's share of excess deductions allowed on the estate's or trust's
Schedule K-1, Form 1041, Box 11 - Final Deductions amounts are reported for: The beneficiary's share of excess deductions allowed on the estate's or trust's final return when the estate is terminated. The beneficiary's share of the estate tax deduction based on the estate tax paid and deducted by the estate or trust. The beneficiary's share of estate or trust depreciation, depletion, and amortization deductions that are directly apportioned to each trade or business, rental real estate, or other rental activity. None of the above.
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