M-MTax
Level 15

Deductions & credits

You have four different types of income. 

 

The inputs for the interest and dividend income should be self-explanatory and evident in the program.

 

If you have a 1099-R for the IRA, you need to enter the figure in Box 2a as Other income (Line 8).

 

Re capital gains, if you are allowed to distribute them, you need to allocate them both to income and to the beneficiaries in the program. You should then be able to distribute the gains. Otherwise, they remain with the trust.