one other point. for an estate to take a deduction for distributions to beneficiaries which results in them having taxable income they must either distribute the income for the calendar year 2019 during that year or make an IRC 663(b) election and make the distribution within 66 after the tax year-end for 2019 that would be by March 5, 2020 (the 65-day rule). if after that date the estate is not entitled to a deduction for the distribution to beneficiaries and no K-1 should be issued.
