Ordinary/Qualified Dividends 7000; STCG 38000; LTCG 43000.
Margin Interest - 4000
All income assigned to and distributed to beneficiary.
Form 4952 - How to get the margin interest to flow through to the beneficiary's K-1?
The K-1 income-dividends- should be passed through on the K-1 net of the proportionate share of investment interest. It is not a separately stated item for fiduciary returns.
Thanks. I forgot I could just put the interest directly on the 1041
You're welcome.
