I am confused. The 1099-DIV for the simple trust has a value in Total Capital Gains Distributions. When I visit the IRS site, I see this is considered income. For a simple trust, all income must be distributed to the beneficiary.
When I create a K1 from TurboTax Business, this income is not included. And I don't know which box on the K1 it would show up in.
Can anyone educate me about this topic?
Thanks!
