TaxGuyBill
Level 15
03-26-2024
03:21 PM
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You haven't told us how it is showing up or how you think it is supposed to show up, so I don't think anybody can help you unless you provide a lot more information.
How does Schedule B have anything to do with this?
sheree-berg
Level 2
03-26-2024
05:29 PM
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Sorry this is on the 1041 shows up on the Schedule A but does not enter on line 4 when it is paid out of capital gains. So it doesn't change Schedule B which still shows the capital gain as taxable to the beneficiaries.