1041-US: Form 1041, Page 1, line 2b(1) does not display 100 percent of qualified dividends to a beneficiary (FAQ)

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Question

Why is Form 1041, Page 1, line 2b(1) not displaying 100 percent of the qualified dividends as allocated to a beneficiary?

Answer

For most returns, the calculation is based on a proportion of the income distributed on Form 1041, Page 2, Schedule B (line 11 / line 7). The following scenarios provide reasons why the allocation would be different.

Related topic: 1041-US: Beneficiary distribution calculations FAQs

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