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How to make capital gains taxable to fiduciary instead of beneficiary in ProConnect Tax

SOLVEDby IntuitProConnect Tax6Updated July 13, 2022

To report capital gains on Form 1041 instead of the Schedule K-1:

  1. Go to the Input Return tab.
  2. From the left menu, select Beneficiary/Grantor Info. > 1041 Distributions.
  3. Select the Distribution Percentages screen.
  4. For each beneficiary, change the Short Term and Long Term percent to zero.
    • This will remove the distribution from the Schedule K-1, and put the income on Form 1041, Line 22.

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