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  • Re: Estate form 1041- K-1 "Beneficiary's Allocation Smart Worksheet" is this based on percentages given in Will or as a proportion of Distributions in same calendar year? CPA says the Allocation is pr...
mae5818estate
mae5818estate
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Business & farm

This post is a similar question and my findings on what #1 Distributions of (first tier) & #2 Distributions of (second tier) are.

IRS guidance:

https://www.irs.gov/instructions/i1041#idm[phone number removed]984


Other thread:
https://ttlc.intuit.com/community/retirement/discussion/distribution-to-the-beneficiary/00/43481

‎October 14, 2021 2:19 PM
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