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Level 2
January 14, 2022
Question

How do i get the income to flow to the K-1 on a complex trust?

  • January 14, 2022
  • 4 replies
  • 13 views

How do i get the income to flow to the K-1 on a complex trust?

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4 replies

Just-Lisa-Now-
Intuit Community Champion
January 14, 2022
going by memory here, I dont have the program open....Page 2 or 3 of the 1041 is a line for Income Required to be Distributed, once you fill that part in, the income should flow to the K-1s
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
kglass30Author
Level 2
January 25, 2022

Thank you Lisa,  I have done this and it still will not work.  It is a complex trust

Just-Lisa-Now-
Intuit Community Champion
January 25, 2022
what kind of income is it? I know capital gains dont flow out to the K-1s unless you allocate them to the benes near the bottom of Sch D.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪