Enter required and discretionary distributions for the same beneficiary

Follow these steps if a beneficiary receives both a required distribution and a discretionary distribution.
  1. Select
    View
    ,
    Beneficiary Information
    , then the
    Federal
    tab.
  2. Enter allocation information in both the
    Required
    and
    Discretionary
    fields in the Allocations section or in the
    Special Allocations
    button.
Only 1 unit of Schedule K-1 for the beneficiary prints, combining the amounts calculated for each type of distribution.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close