Thanks for the quick reply. I did not allocate any of the gains to the beneficiary in the year earned. The trust paid the taxes directly and added the after-tax gain to the Trust's principal balance. I subsequently made a partial distribution to the beneficiary. My question is how to reflect this is TurboTax. When in indicate that a distribution was made, TurboTax is requiring a designation of how the Trust income is distributed. Because this is a Complex Trust, no income distribution is required. TurboTax isn't giving me that option.
