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posted Jun 4, 2019 12:05:08 PM

Trouble with Form 1041 Schedule G tax calculation?

TurboTax Business calculated no tax due on a complex trust with Ordinary and Qualified Dividends.  IRS has just notified me that they believe tax is due at a 15% rate as per Schedule G.  I'm not able to use the Qualified Dividends Tax Worksheet because short and long term gains were reported in Sched. D Parts I & II.  That Worksheet would have calculated no tax due.  TurboTax found no errors when running reviews and error checks and still says no tax is due.  Why?

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Level 15
Jun 4, 2019 12:05:09 PM

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Level 15
Jun 4, 2019 12:05:09 PM