Trust

[radonnad]

Yes the estate received the funds and I distributed to the beneficiaries

[Anonymous_]

On the 1041, the amount in Box 2a is entered as Other income. 

Does that answer your question? 

[radonnad]

I was wondering if I can claim this of 2021 even since I didn't get the funds until 2022.

[radonnad]

Claim it on 2021 taxes but the funds were not received until this year 2022

[Anonymous_]

Reporting the income in 2021 might result in a mismatch. Wait until you receive the tax reporting statement.

[radonnad]

ok thanks

[Critter-3]

The return you are filing now is for INCOME tax purposes to report the income received by the estate/trust  and that income is either passed thru to the beneficiaries to be taxed on their return or it remains on the trust/estate return and  paid at the trust/estate level.  What is actually distributed and to whom is immaterial for the form 1041.