Question
Income tax withheld on trust income reported on Form 1099-R
I am preparing an initial 1041 for a Family Trust.
The income is reported on Form 1099-R, along with Federal income tax withheld (box 4).
Question:
1) can the Federal income tax withheld be allocated to the beneficiaries?
2) if so, how is the allocation accomplished within the Proseries 1041 return?
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