Enter required and discretionary distributions for the same beneficiary
Follow these steps if a beneficiary receives both a required distribution and a discretionary distribution.
- SelectView,Beneficiary Information, then theFederaltab.
- Enter allocation information in both theRequiredandDiscretionaryfields in the Allocations section or in theSpecial Allocationsbutton.
Only 1 unit of Schedule K-1 for the beneficiary prints, combining the amounts calculated for each type of distribution.
