Thanks for the quick response!

It sounds like my situation might be a little different after all.

We are allocating capital gains to the trust and dividends and interest to the beneficiary.

When we allocate the expenses (e.g. deductible expenses other than depreciation), ProSeries is allocating 100% of the expenses to the beneficiary's income (dividends and interest). I'm trying to figure out a way to split the expenses so that 50% are allocated to the beneficiary's income (dividends and interest) and 50% are allocated to the trust's capital gains.