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Level 2
September 20, 2021
Question

How do I fix the dividends to flow to K1 on Form 1041?

  • September 20, 2021
  • 2 replies
  • 5 views
I entered Dividends on Line 2a
I entered Qualified Dividends on line 2b
But not pulling to the individual (1) K-1
How do I fix?
This topic has been closed for replies.

2 replies

George4Tacks
Level 15
September 20, 2021

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. 

Answers are easy. Questions are hard!
sjrcpa
Level 15
September 20, 2021

Simple trust, complex trust, or estate?

Were distributions made?

The more I know the more I don’t know.
carol4Author
Level 2
September 22, 2021

Complex trust

carol4Author
Level 2
September 22, 2021

yes distributions