brendaboo
Returning Member

Retirement tax questions

Thanks Tagteam. So even though I made $15,000 distributions to each of 3 beneficiaries in 2015, which is about half of their total inheritance, I only give them a k1 AFTER I close the estate in June 2016.  I would include both the 2015 and 16 distributions in their 2016 K1.   Do I have that correct? Thank you for advice!