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Simple Trust

Level 1

How can I get the Int/Div income to flow to the K-1 on a Simple Trust?

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Level 15

Screen 7 > Enter the percentages as full numbers (e.g. 50% is 50.0000 not .50) as Required for all 3 categories. 

Look at the 1041 and see if possibly the expenses offset the income, netting in no distributable income. Also check out the DNI Diagnostics tab in the Forms view.


Income tax returns are the most imaginative fiction being written today. — Herman Wouk