- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
If you are the fiduciary, you can track these types of distributions outside of TurboTax (and you should do so).
Technically, if the trust received no income, a Form 1041 would not be required to be filed and you could simply distribute whatever amounts you have the authority to distribute (or are required to distribute) to the beneficiary(ies).
March 29, 2021
6:54 AM