sjrcpa
Level 15

Under Trust Accounting principles, The Uniform Income and Principal Act, state law, and/or the Trust Document yes you can allocate those expenses to some or all categories of income and principal. 

Capital gains are generally corpus/principal. Is there a way to indicate, for example, Trustee fees are 50% income and 50% principal where you enter the expense, or options under Accounting Income? I don't use ProConnect.


Ex-AllStar