COLOCPA
Level 2
09-13-2021
08:06 PM
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Where in Lacerte do you enter property distributions to Beneficiary for Form 1041, Schedule B, Line 10? I only see where to enter "dollar" distributions, which I am assuming is cash only?
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sjrcpa
Level 15
09-13-2021
08:13 PM
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There aren't separate inputs for cash and property distributions. That dollar designation is so you can enter a specific amount vs the Percentage designation where you would enter a percent.
The more I know, the more I don't know.
COLOCPA
Level 2
09-13-2021
08:45 PM
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Thank you for the quick response!
sjrcpa
Level 15
09-13-2021
09:21 PM
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YW
The more I know, the more I don't know.