Investors & landlords
To allocate capital gains to the beneficiaries, to go Federal Taxes >> Income >> Investment Income >> Allocation of Capital Gains (Loss).
On the page "Allocation of Long-Term Gain," enter the total long-term gain to be allocated and other gains as listed.
On the next page, enter the Capital Gains that are attributable to Income if different from the previous page.
Note that you should also complete the interview under Distributions to allocate by percentage or amount.
