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Allocable means allocated or assigned. Essentially, TurboTax is asking how much of the capital gains were given to the beneficiary. Does all of this relate to a Trust? An Estate return? If this relates to a Trust, then the amount to allocate to the beneficiary may be explained in the Trust Agreement or, if this relates to the administration of an Estate, the Last Will and Testament may indicate what amount to allocate to the beneficiary.
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thanks ,I think that answer my question, its a complex trust with one beneficiary,The trust made no distribution this year so I put the allocable amount as 0 as none of the capital gains were given to the benificiary.
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