Required and discretionary distributions
Distributions are split between required and discretionary. Enter Estate/Trust distributions in the Organizer. Go to the Beneficiary Info (1041) folder, select Beneficiary Data, and use the Distribution Input - Totals screen to enter amounts.
Required distributions are mandated by the Trust Document. Any required distributions for Ordinary income and Capital Gains report on Form 1041, Schedule B, line 9.
Discretionary distributions are allowed but not mandated. Any discretionary distributions for Ordinary Income and Capital Gains report on Form 1041, Schedule B, line 10.
If Required and Total amounts are entered, the Discretionary amount is calculated automatically.
