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jsb51555
New Member

Do I need to report the amount of the Trust Beneficiary funds that I received from distribution?

I have already reported information from 1041 Schedule K-1 that was result of that Trust Distribution's taxable income.
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1 Reply
JohnB5677
Expert Alumni

Do I need to report the amount of the Trust Beneficiary funds that I received from distribution?

If you've reported the K-1 for the Trust it will have included all the information you needed as a beneficiary.

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