topic How do you get a distribution from a trust that exceeds income to flow to the K-1? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/how-do-you-get-a-distribution-from-a-trust-that-exceeds-income-to-flow-to-the-k-1/01/681615#M65124 <P>I am using Turbotax Business to enter a 1041. I am sole beneficiary. I have assigned the capital gains to me. I have entered first and second tier numbers in the distribution section. Still nothing shows upon the K-1.<BR /></P> Thu, 06 Jun 2019 11:20:15 GMT chasrinct 2019-06-06T11:20:15Z How do you get a distribution from a trust that exceeds income to flow to the K-1? https://ttlc.intuit.com/community/retirement/discussion/how-do-you-get-a-distribution-from-a-trust-that-exceeds-income-to-flow-to-the-k-1/01/681615#M65124 <P>I am using Turbotax Business to enter a 1041. I am sole beneficiary. I have assigned the capital gains to me. I have entered first and second tier numbers in the distribution section. Still nothing shows upon the K-1.<BR /></P> Thu, 06 Jun 2019 11:20:15 GMT https://ttlc.intuit.com/community/retirement/discussion/how-do-you-get-a-distribution-from-a-trust-that-exceeds-income-to-flow-to-the-k-1/01/681615#M65124 chasrinct 2019-06-06T11:20:15Z " Still nothing shows upon the K-1." This has been somew... https://ttlc.intuit.com/community/retirement/discussion/still-nothing-shows-upon-the-k-1-this-has-been-somew/01/681622#M65126 <P> <I> <B>"</B> </I> <I> <B>Still nothing shows upon the K-1."</B> </I> </P><P>This has been somewhat of an ongoing issue where K-1s appear blank despite the fact that a percentage distribution has been made (for whatever reason, the distribution does not make it all the way through to the K-1s).&nbsp;</P><P>You can resolve this issue by making a distribution of an amount [see first two screenshots].<I><B><BR /></B></I></P><P>Additionally, enter Forms Mode (click the Forms icon in the upper right side of the screen) and ensure that there is indeed a percentage entered on Lines B1 and B2 in the Beneficiary's Allocation Smart Worksheet [see third screenshot]. If not, manually enter the appropriate percentage to be allocated to the beneficiary on each K-1.</P> Thu, 06 Jun 2019 11:20:16 GMT https://ttlc.intuit.com/community/retirement/discussion/still-nothing-shows-upon-the-k-1-this-has-been-somew/01/681622#M65126 tagteam 2019-06-06T11:20:16Z
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topic How do you get a distribution from a trust that exceeds income to flow to the K-1? in Retirement tax questions
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<P>I am using Turbotax Business to enter a 1041. I am sole beneficiary. I have assigned the capital gains to me. I have entered first and second tier numbers in the distribution section. Still nothing shows upon the K-1.<BR /></P>
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How do you get a distribution from a trust that exceeds income to flow to the K-1?
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https://ttlc.intuit.com/community/retirement/discussion/how-do-you-get-a-distribution-from-a-trust-that-exceeds-income-to-flow-to-the-k-1/01/681615#M65124
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<P>I am using Turbotax Business to enter a 1041. I am sole beneficiary. I have assigned the capital gains to me. I have entered first and second tier numbers in the distribution section. Still nothing shows upon the K-1.<BR /></P>
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" Still nothing shows upon the K-1." This has been somew...
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<P> <I> <B>"</B> </I> <I> <B>Still nothing shows upon the K-1."</B> </I> </P><P>This has been somewhat of an ongoing issue where K-1s appear blank despite the fact that a percentage distribution has been made (for whatever reason, the distribution does not make it all the way through to the K-1s).&nbsp;</P><P>You can resolve this issue by making a distribution of an amount [see first two screenshots].<I><B><BR /></B></I></P><P>Additionally, enter Forms Mode (click the Forms icon in the upper right side of the screen) and ensure that there is indeed a percentage entered on Lines B1 and B2 in the Beneficiary's Allocation Smart Worksheet [see third screenshot]. If not, manually enter the appropriate percentage to be allocated to the beneficiary on each K-1.</P>
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