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1041 - Make Capital gains part of Distributable Net Income
The trustee of our trust has a lot of discretion, although it is not spelled out, specifics are left unsaid in the document. We want to make a distribution to beneficiary and besides the usual DNI, we want to also include part of the capital gains as DNI, so it is taxed at the beneficiary level. I wonder how we would do this in the TT Business software. Is there a separate schedule or form where we could specify that?
thanks
‎January 3, 2021
6:40 PM