Lori12
Level 1
12-23-2025
06:03 PM
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I have a return with a complex trust that doesn't seem to be calculating the tax correctly. Most of the income is dividends, which I believe should be taxed at ordinary rates with the first 3100 at 0%, then the next tier at 24%. However, the return is using schedule G on schedule D to calculate the tax in a very convoluted way, but seems to be using 0%, 15% and 20% (LT cap gains tax rates on trusts). I have tried every which way to come up with the tax amount. Any insight you or anyone else could provide would be greatly appreciated!