https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/my-k-1-form-does-not-reflect-the-information-entered-in-the-return-regarding-short-term-capital/01/285595#M10706 <P>I made corrections to the information regarding distributions and now the K-! form doesn't match the entered values on the return such as net short term gains and amount distributed.<BR /></P> Mon, 03 Jun 2019 17:33:49 GMT okireb 2019-06-03T17:33:49Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/my-k-1-form-does-not-reflect-the-information-entered-in-the-return-regarding-short-term-capital/01/285595#M10706 <P>I made corrections to the information regarding distributions and now the K-! form doesn't match the entered values on the return such as net short term gains and amount distributed.<BR /></P> Mon, 03 Jun 2019 17:33:49 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/my-k-1-form-does-not-reflect-the-information-entered-in-the-return-regarding-short-term-capital/01/285595#M10706 okireb 2019-06-03T17:33:49Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/on-occasion-even-with-the-final-return-box-checked-capi/01/285600#M10707 <P></P><P>On occasion, even with the Final return box checked, capital gains will not flow through to the K-1(s). One method of resolving this situation, so that net capital gains flow through, is to allocate any and all gains to the beneficiary(ies) as outlined below. [See the additional two answers for the associated screenshots]</P><P>1) Click the Start/Update button to the right of Allocation of Capital Gains (Loss) and click Continue (first screenshot).</P><P>2) Enter the total short-term gain, if any, that is allocated to the beneficiary(ies) and click Continue (second screenshot).</P><P>3) Enter the total long-term gain, if any, that is allocated to the beneficiary(ies) and click Continue (third screenshot).</P><P>4) Enter the cap gains attributable to income (total of short and long term gains) ad click Continue (fourth screenshot).</P><P>5) In the Distributions section, mark Yes, the trust made distributions and click Continue (fifth screenshot).</P><P>6) Mark Distribution amounts and click Continue (sixth screenshot).</P><P>7) Enter the total amount that was distributed to the beneficiary(ies) (seventh screenshot).</P><P><span class="lia-unicode-emoji" title=":smiling_face_with_sunglasses:">😎</span> In Forms Mode, check your K-1(s) to ensure the capital gains appear on the appropriate lines. <BR /><BR /></P> Mon, 03 Jun 2019 17:33:51 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/on-occasion-even-with-the-final-return-box-checked-capi/01/285600#M10707 KaylaTR 2019-06-03T17:33:51Z