Strongsilence-C
Level 10
12-07-2023
03:56 PM
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Complex Trust with 2 beneficiaries. 50/50. I input 50% for each in Screen 7.1
199A dividends on Statement A are not allocated 50/50. Its 54/46. What is going on?
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BobKamman
Level 15
12-07-2023
04:32 PM
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Are both beneficiaries individuals? Are other items being allocated 50/50 ?
Strongsilence-C
Level 10
12-08-2023
01:05 PM
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Both are individuals. There are two other items (Box 14 foreign income information) and Box 12 AMT and both are 50/50.
Strongsilence-C
Level 10
12-08-2023
01:12 PM
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I removed my Sch B distribution override. Then I added the dollar distributions - 1/2 to 1 and 1/2 to the other - to Screen 7.2, and now the 199A amounts are 50/50.
