topic 663(b) Form Description of Distribution in Deductions & credits

663(b) Form Description of Distribution

UncleBobsNiece — Tue, 10 Feb 2026 11:10:15 GMT

Trust is making a 663(b) election. The TT form that asks for an explanation of when and to whom the distributions were made also asks for a "Description of Distribution." Do I write "K-1 and cash distribution" or "cash" or something else?

Re: 663(b) Form Description of Distribution

Anonymous_ — Tue, 20 Feb 2024 18:09:12 GMT

"Cash" is fine.

Re: 663(b) Form Description of Distribution

UncleBobsNiece — Tue, 20 Feb 2024 18:10:32 GMT

Thank you