Hi…I phoned Intuit support and spent nearly 2 hours on the topic. It finally came down to one question…’Does TurboTax Business have a screen where I can manually enter the capital gains to each beneficiary (and not be distributed on the distribution percentage for each beneficiary?’. After I asked that very specific question, the person went away…and then session on my PC where he could see my screen went away and then the phone call dropped. So, I suspect that I got my answer. There is no way to manually distribute capital gains, interest or dividends that make up part of the income in the trust. For my situation, I just reduced my distribution amount and increased my siblings amount to offset the capital gains that I should not have on my K-1. It’s not right or perfect…but it gets close. I hope this helps.
