1041-US: Unitrust distribution (FAQ)

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Question

How is the unitrust distribution calculated?

Answer

The unitrust amount is calculated in one of the following three ways.

If there is more than one unitrust beneficiary, the unitrust amount is allocated among the beneficiaries using percentages entered in View > Beneficiary Information > Federal > Other Returns. If there are no percentages, the unitrust amount is allocated evenly among the beneficiaries. There is a field on Screen SIT to force the amount for Form 5227, line 68.

Related topic: 1041-US: Form 5227 FAQs

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