Trust "Dist Inc K-1 Form" Changes Values line 13 to 14.

[jwallach74]

In TurboTax for Business, the distribution calculation is changing the values for interest, dividends and income between lines 13 and 14.  Interest goes from 4 to 853.  Dividends goes down and income goes up.  Why?  I can manually override this but want to understand why TurboTax is doing this.

[PatriciaV]

Column C Line 14 Amount Distributed to Beneficiary is the lesser of Line 13 or Line 13 multiplied by the ratio of Total Distributions to the Distributable Net Income from Form 1041 Schedule B.

From the screenshot you provided, the ratio for column C appears to be 85.38%. You can check this by pulling the amounts from Form 1041 Schedule B and dividing Line 11 by Line 7.

To see how the other amounts are calculated, right-click on the amount and choose "Data Source."

[jwallach74]

Thank you.  Looking at the numbers that generated the ratio, it looks like Schedule B line 3 was not pulling in the correct number from Schedule D , line 19 column (1).  It was pulling in the value for "Enter all capital gains...".  Overriding Schedule B line 3 with the correct value from Schedule D, line 19 column (1) fixed the error.