This discussion has been locked. No new contributions can be made. You may start a new discussion here
Capital gains are considered Corpus and therefore stays with the trust and are not distributed. That income stays on page 1 and is offset by standard exemption and trust expenses.
Simple trust, complex trust, or estate?
Were distributions made?
Complex trust
yes distributions
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.