Foxy-Lady
Level 3
04-16-2022
12:15 PM
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Every year all of the interest, dividends, capital gain and Schedule E has flowed to the K-1 Beneficiary.
This year it isn't. It is going to the Trust. Dividends amount but instead of the 1041 Allocating to the Beneficiary it going to the Trust. Capital Gains are way higher this year than last and also the Schedule E has a larger loss since a property was sold and it cost $20,000+ in repairs.
Is this correct and if so why? If not, what am I doing wrong.
Best Answer Click here
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