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Get your taxes done using TurboTax
"However, on the final return, trusts and estates can pass through capital gains to the beneficiaries as part of their DNI (pursuant to a reasonable and impartial exercise of discretion by the fiduciary)."
How can I physically do this within TurboTaxBusiness?
When I run TurboTax, it automatically subtracts off Capital Gains from DNI in Schedule B, so then the Estate ends up paying all the Capital Gains instead of putting them on the K-1s.
Is there a command in TurboTax to change that?
Thanks!
‎April 1, 2022
10:11 AM