@Hi Palms my concern is being fined and penalized, or god forbid taxed >40% on the $200k income because it was all done incorrectly. I just don't want to get in trouble for any of this, for the CPA's mistake, and end up owing money I can't afford.
The will and Estate (probate) left everything to the Trust. The Estate's 1041/K-1 shows the 1099-R income transferred to the Trust with that weird Code H.
The Trust donated all the income from the Estate (1099-R) and Trust (1099-INT).
But the Trust 1041 doesn't report the K-1 income from the Estate or the extensive charitable donations (beyond the -INT income).
I'm just an anxious person and I'm worried about this causing problems for me in the future.
