Form 1041 for a Trust In 2021 Trust Account income reflected 100% as Beneficiaries' percent of trust account income.
I transfered that return to 2022 but this year's Trust Account income reflected 100% as Estate's or trust's percent of trust account income. Based on this no K-1 is generated for the Beneficiary.
I have dug and dug and cannot find what sets this so I can change.
It tripped me up in front of a client the other day, I KNOW this needs to be done, but I just drew a blank for some reason, once I came back to it later I was like "OMG, I'm dumb!" LOL
