Thanks for the replies. Yes, the link to Cornell explained that it depends on some different things (including the verbiage in the 'governing instrument', local laws and the intent of the fiduciary). In my particular case, I have determined that any capital gains would be 'distributable net income' after thoroughly reading the trust document and its amendments.
May I suggest that the software in TurboTax Business be updated to ask those pertinent questions before making assumptions about the capital gains in a trust.
Thanks, again, for your help.... Roger F
