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663(b) Form Description of Distribution

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?

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2 Replies

663(b) Form Description of Distribution

"Cash" is fine.

663(b) Form Description of Distribution

Thank you

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