In the 2021 Turbotax business Step-by-Step interview for Form 1041 for trusts, where would I enter a section 663(b) distribution (which is a distribution to a beneficiary made after 12/31/21)? The question that I see in the interview only asks if a distribution was made in 2021, not post 2021 (and within the allowed specified time period post year end). Thanks in advance.
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Select the FEDERAL TAXES tab, select Other, and then click the Start button to the right of Elections.
Check the box shown in the second screenshot.
Select the FEDERAL TAXES tab, select Other, and then click the Start button to the right of Elections.
Check the box shown in the second screenshot.
Perfect - that worked! Thanks so much.
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