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Get your taxes done using TurboTax
A couple of capital gain question for trust accounting:
It appears as if your questions may have less to do with trust accounting and more to do with the operation of the software. For that you should contact Turbotax customer service.
Re trust accounting, however, you should be advised that trying to allocate certain types of income to certain beneficiaries is not typically proper and not in accordance with the rules and regulations. For example, if there are two beneficiaries, allocating all of the capital gain to one and all of the interest income to the other is incorrect and improper.
It may very well be a combination of the program not being capable of handling your exact scenario and an attempt to allocate income not in accordance with generally accepted rules and the tax code and regulations.
Again, you should contact customer service for program functionality, and you might want discuss your scenario with a local tax professional who can review the terms of the trust.