Level 15
yesterday
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Im playing with a dummy return
Ive got 10k in interest and 5500 in capital gains
The 5500 in cap gains is taxed to the trust, which gives me a tax liability of $293,
my K-1 shows the full 10k of interest on it, its not reduced by the taxes
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪