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It is only $1 so that would hardly be worth being concerned with in terms of whether or not it should be distributed (if there are three beneficiaries, it would not even round up to $1 on their K-1s).
Further, a trust that is not required to distribute all income currently (per the Code), still gets a $100 exemption which will more than absorb the $1.
March 5, 2022
1:34 PM