Form 1041: Schedule B Line 3 problem

Forum|Forum|3 months ago
March 9, 2026
2 replies
21 views

Form 1041: schedule B line 3 is showing a value when data source for this line is zero ( Schedule D line 19 column 1

Serious problem

ProSeries Professional

Best answer by Samantha_at_Intuit

@lyle-gregory ProSeries does not enter the larger of Schedule D, Line 19, Column 1 or Column 3. As shown in the cross-reference for Schedule B, Line 3, the program enters the larger of Schedule D, Line 19, Column 1 -OR- the amount from the user-enterable field below Schedule D, Line 19, Column 3 that states "Enter all capital gains attributable to income whether or not distributed...". Please see screenshot below for further clarification.

Just-Lisa-Now-

Intuit Community Champion

I cant replicate your situation, what number is it showing? Can you trace that particular number back to where it came from?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

L

lyle-gregoryAuthor

Level 3

The number for Form 1041, Schedule B, Line 3 is supposed to come from Schedule D, Line 19, Column 1 (Beneficiary Depreciation), as indicated on the form. This I also the location the program jumps to when selecting QuickZoom. Instead, the entry from Schedule D, Line 19, Column 3 (Total Depreciation) is entered on Form 1041, Schedule B, Line 3.

This is a serious problem that has already caused me to file erroneous returns before I discovered it.

Just-Lisa-Now-

Intuit Community Champion

Sch D, Line 19, Column 3 is total capital gain/loss not depreciation.

Do you have figures in Column 2 and 3 or just 3?

Ive checked all 10 of the 1041s Ive prepared this year, I dont see any that have a dollar amount on Sch B line 3.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

S

Samantha_at_Intuit

Level 3

Hi @lyle-gregory , please see the screenshot below from the Form 1041 instructions for Schedule B, Line 3. Also refer to the cross-reference for Schedule B, Line 3 in the ProSeries program. Consistent with the government instructions, the program will enter the greater of the total net gain from Schedule D, Line 19, column (1), OR the amount entered in the field for all capital gains attributable to income whether or not distributed.

(added image)

Just-Lisa-Now-

Intuit Community Champion

@Samantha_at_Intuit when I click your link, it gives me an error.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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