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Fiduciary income tax return - distribution deduction

wfp
Level 2

I am drafting a fiduciary return for an estate and getting an unexpected result. There seems to be a glitch in the program -- Line 3 of Schedule B is supposed to pick up the figure from Schedule D, line 19, column 1.  Instead, it is picking up the figure from the box below that "enter all capital gains attributable to income whether or not distributed."

Please help!

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1 Comment 1

Please see the screenshot below from the Form 1041 instructions for Schedule B, Line 3. Also refer to the cross-reference for Schedule B, Line 3 in the ProSeries program. Consistent with the government instructions, the program will enter the greater of the total net gain from Schedule D, Line 19, column (1), OR the amount entered in the field for all capital gains attributable to income whether or not distributed.

1041 Sch B Line 3.PNG

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