In the Trust Accounting Income Smart Worksheet n TurboTax Business takes Capital Gains attributed to income entry and adds it again to Tentative Trust income?

[marjocw]

TurboTax business used for trust -  Entering the amount of Capital Gains attributable to income in Schedule D then adds this amount to the Tentative Trust Income in the Trust Accounting Income Smart Worksheet and on Line 8, Schedule B, form 1041, effectively double counting it.  What is the fix?

[Anonymous_ · Accepted solution]

" What is the fix?"

It is a program bug (see links below). You can either wait for a fix or complete the 1041 manually and then print and mail.

See https://ttlc.intuit.com/questions/4207692 and https://ttlc.intuit.com/questions/4234141