1041-US: Beneficiary allocations FAQs

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

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


Characters left:

Change to CS Support service hours

Our Support department is closed on [[date]]. However, limited UltraTax CS phone support is available on that date from 9 AM - 5 PM ET due to the approaching deadline.

Links to our most popular tax processing topics are available in the Alerts and notices section on the right side of most pages.

The following includes answers to common questions about beneficiary allocations.

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

How do I allocate excess deductions to beneficiaries in the final year of an estate or trust?

How do I not allocate excess deductions to beneficiaries in the final year of an estate or trust?

How do I allocate less than 100 percent of income to beneficiaries on a final return?

For a final return, can I allocate all income except capital gains to beneficiaries?

How do I enter both required and discretionary distributions for the same beneficiary?

How do I allocate federal tax withheld to the beneficiary?

How do I allocate state tax withheld to the beneficiary?

Related topic: 1041 frequently asked questions

Share This