QSST

[JensenCo]

Does lacerte have the option to automatically distribute the income of an S-corporation or does it have to be manually done?

[qbteachmt]

Distribute it, how?

[JensenCo]

To clarify - to show the distribution on the beneficiary's K-1.  The only item that will be distribute through the K-1, or flow to the beneficiary, is the income from the S-corp. It is a complex trust where all income accumulates in the trust.