turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
turbotax icon
turbotax icon
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

CG distribution part of dividend paid out of trust. How can I get TT to correctly pass it onto my K-1 rather than taxing it at the trust level? State allows trust CG dist

This income was already paid out to me.

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

CG distribution part of dividend paid out of trust. How can I get TT to correctly pass it onto my K-1 rather than taxing it at the trust level? State allows trust CG dist

"How can I get TT to correctly pass it onto my K-1 rather than taxing it at the trust level?"

Allocate the CG distribution to your beneficiary as shown in the screenshots below.

View solution in original post

1 Reply

CG distribution part of dividend paid out of trust. How can I get TT to correctly pass it onto my K-1 rather than taxing it at the trust level? State allows trust CG dist

"How can I get TT to correctly pass it onto my K-1 rather than taxing it at the trust level?"

Allocate the CG distribution to your beneficiary as shown in the screenshots below.

Use your Intuit Account to sign in to TurboTax.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

Manage cookies