Solved: In form 1041 where can I denote allocating distributable net income by beneficiary percent? I am only able to get it to flow using dollar amounts.

JCrawshaw · ‎12-06-2019

TAXOH · ‎12-06-2019

On the K1 Beneficiary's Allocation Smart Worksheet leave part A blank and put percentages in part B.

TAXOH · ‎12-06-2019

On the K1 Beneficiary's Allocation Smart Worksheet leave part A blank and put percentages in part B.

In form 1041 where can I denote allocating distributable net income by beneficiary percent? I am only able to get it to flow using dollar amounts.