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1041 Distribute capital gains

I'm using 2023 TurboTax Business for a 1041 Trust return and K1.  The TurboTax default is to exclude capital gains from distributable net income.  Although it is evidently not common, in my circumstance the Trust capital gains can be distributed and included on the K1.   

How do I get TurboTax to include capital gains as part of DNI?  I have been unable to figure out how to successfully override this.

Thank you for any guidance!

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Accepted Solutions

1041 Distribute capital gains

You have to allocate the gains to beneficiaries and to income (see screenshots below).

 

 

 

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2 Replies

1041 Distribute capital gains

You have to allocate the gains to beneficiaries and to income (see screenshots below).

 

 

 

Untitled.png2.png3.png

 

 

1041 Distribute capital gains

Thank you!  That's exactly what I needed.  

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