When working on the final return for a Fiduciary, you may encounter the following critical diagnostic:
"This is a FINAL return and DNI has not been fully distributed under 1041 Distributions." (ref. #25543)
This critical diagnostic generates to inform you that Distributable Net Income is not being distributed to the beneficiaries in full. This critical diagnostic will not prevent you from e-filing.
If the DNI should not be distributed in full:
Check the Ignore box next to the diagnostic to indicate that the diagnostic has been reviewed.
If the DNI should be distributed in full:
- From the Input Return tab, go to Beneficiary/Grantor Info ⮕ 1041 Distributions ⮕ Distribution Percentages.
- Enter the percentages under the Other (Sch. B, ln 10) columns:
- Short Term
- Long Term
Note: Percentages should be entered as whole values (xxx.xxxxxx) and should total 100.