Thank you for the response.
I've included the total distribution amount from the trust (all from corpus/principal) on Schedule B Line 10. It is all from inheritance being passed via a trust set up prior to my parent's death. Schedule D shows the sale of 2 homes that had been put into the trust several years ago. No gains since I'm claiming a stepped-up basis or FMV at the time of the sale (both within almost 6 months of my parent's death). Reasonable for the market at the time. In addition, a POD to the trust was used on all bank accounts. The trust only had $16 in income from interest on the principal as it sat in a checking account in the name of trust. Therefore, the $16 is the only amount being passed on the beneficiaries K-1s.
Does this appear correct?
