Bozo1
Level 1
09-04-2021
05:59 PM
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Form 1041 - Sch B, line 11 (total distributions) is more than form 1041, sch B line 7 (distributable net income) The distribution deduction may be limited
Need to know how to correct please
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George4Tacks
Level 15
09-04-2021
06:40 PM
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That sounds informational and you can ignore it. Try doing distribution by % instead of dollar.
Answers are easy. Questions are hard!
Bozo1
Level 1
09-04-2021
07:51 PM
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will try, thanks