65 day rule for trust distribution

[BMCD1]

How do I show on a 1041 that I distributed income using the 65 day rule (cash distribution in 2026 but applied to 2025)? 

[M-MTax · Accepted solution]

There's an option to make the 663(b) election in TurboTax Business. You can also simply check the box on Form 1041 in Forms Mode.

[BMCD1]

What form is that? 

[BMCD1]

I found the Question on the "Other Return Info , Elections" Questions. Thank you!

[Mike9241]

you treat it as if the distribution was made in 2025. Thus, the beneficiary (s) will get a K-1 to report on their personal 1040. 

[Mike9241]

do note that the 65 day rule does not apply o simple trusts. 

[M-MTax]

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@Mike9241 wrote:

do note that the 65 day rule does not apply o simple trusts. 

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Well, of course, it doesn't because simple trusts are considered to have distributed the income to the beneficiaries in the calendar year whether the trust actually distributed it or not.