swongtax
Level 4

I am working on duplicating a Form 1041 Estate Complex Trust Return, and I have two questions:

The Trust has not distributed any income to any of the 3 beneficiaries (all income is accumulated in the Trust):

1.  Are Schedule K-1 forms showing zero numbers required to be generated with the Federal form 1041?

2. Form 2 (MA state), is Schedule B/R showing percentages of the 3 beneficiaries required if there is no distributions?  I cannot get the software to generate these forms unless there are distributions.  However, the return I am studying includes Schedule B/R with no income distributions and 3 schedule 2K-1 (with no income distributions), just showing names and tax id of all beneficiaries.

Thank you!

Sui

0 Cheers