Beneficiary's year-end distribution percent
To calculate the beneficiary’s year-end distribution percent, UltraTax CS divides the total amount of income distributed by the amount distributed to the beneficiary. The percent doesn't take into account the total income, only the income distributed.
For example, if you have 2 beneficiaries and each gets 20% of the income distributed, the beneficiary’s year-end distribution percent totals 50%. Each beneficiary gets an equal portion of the income distributed, even though only 40% of the total income was distributed at all.
