In ProConnect, the K-1s are showing "attributable to corpus" an odd number. Can't find where it came from!

Forum|Forum|2 days ago
September 13, 2026
7 replies
44 views

Distributions were over DNI, but this number is something completely different.
If DNI was 50k and 75k was distributed, shouldn’t it state that 25k was attributed to corpus?

The amount has been searched and only came up under a prior year tax summary. I changed that prior year amount to a different number and the current K-1 statement did not change, so I think it was just a coincidence.

This is a fairly simple return, rents, depreciation, and interest. Plus IL passthru tax (NR). But the corpus amount showing is totally different from the IL as well, though I don’t think that would have carried over to the Federal return for the k-1 statement.

Anyone have any ideas why I have a random number showing up (ok, probably not random, pilot error I can’t seem to locate)?

ProConnect Tax

sjrcpa

Level 15

Is Depreciation treated as corpus?

The more I know the more I don’t know.

E

eeyoreandpigletAuthor

Level 2

I thought about that, but it is being used by the trust to lower income, not to the beneficiaries. Total depreciation is around $5500, but the corpus figure is about $2300. I don’t know why changing the total amount distributed above the DNI isn’t changing the figure. I’ve tried several scenerios to see if I could get it to change, it has not.

IntuitKatie

Moderator

@eeyoreandpiglet

Since the amount shown as “attributable to corpus” doesn't appear to be changing with the distribution amounts you've entered, we recommend reaching out to ProConnect Tax Support.

Our Support team can best assist with your specific situation by reviewing the return inputs with you and helping identify where the amount reported on the K-1 is coming from.

Thanks for being a part of the Community!

sjrcpa

Level 15

I don’t use ProConnect. But, nowhere on a 1041 does it show corpus distributed. Is this a state thing? Does it matter since actual distributions were more than DNI?

The more I know the more I don’t know.

E

eeyoreandpigletAuthor

Level 2

It’s just a note on the statement, so 1041 doesn’t care, but the beneficiaries might. Hopefully it doesn’t matter because I’m about ready to just leave it. I tried several “tests” to see if it would disappear or change. I’ve come to the conclusion it is gremlin. I’m just worried there might have been some input or override I did by mistake to cause it and it might be tweaking an important number. Unexplained numbers just puzzle me and make me want to investigate until solved haha. Time to move on. Thanks

BobKamman

Level 15

Since you mention prior year tax, we know that there was undistributed income in prior years. Does that match the amount not being attributed to corpus, this year? Seems obvious to me, so probably wrong. If not corpus, then it’s income. If it’s not income this year, it’s leftover income from previous years. Long time ago this would involve Schedule J, but that probably no longer applies.

sjrcpa

Level 15

Could also be that Accounting Income, as defined in the Trust document or under state law, is usually different than DNI.

The more I know the more I don’t know.

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