1041-US: Allocating items equally without Beneficiary Information window allocation data entry (FAQ)

Alerts and notices
Leave feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.

Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to transmit e-files from CS Connect. Find out more.


How do I allocate items equally to all beneficiaries without entering allocations for every beneficiary in View > Beneficiary Information?


For estates and all types of trusts, enter X in the First tier beneficiaries: Allocate all items, except capital gains, equally field on Screen Allocate in the Allocation folder. This field applies to all of the non-capital income amounts on all returns and overrides all amounts and percentages entered in View > Beneficiary Information.

Note: To exclude a beneficiary from this calculation, enter X in the Exclude from equal allocation field for the specific beneficiary in View > Beneficiary Information > Beneficiary tab > Other Information group box.

Related topic: 1041-US: Beneficiary allocations FAQs

Share This