Here are the values from the 1092 form
1. interest income 3665
2. ordinary dividends: 19,879
3. qualified dividends: 8397 to beneficiary and 3031 to trust (tried it both ways--0 to beneficiary and 100% to trust)
4.capital gain -3000
9 total income: 20,544
12. fees: 1918
14: fees 160
18: income distribution deduction 21,466
21 exemption 100
22 21,566
23 taxable income: -3100
Schedule B:
1. 18,466
2. 1,524
3. 0
6. 3000
7" DNI: 22,990
8. accounting income 22,990
10. other amounts paid 471,329
12. tax exempt 1,524
13, 471,329
14, 21,466
15, 21,466
there were 6 beneficiaries. distribution percentages: 4 were at 6.11%, one at 51.377 and the last at 24.15
If the allocation of "qualified" follows "ordinary how do I allocated "ordinary" to the trust vs. the beneficiaries?
