Why did I say yes - Estate Return

[Argo]

Hi fellow ATX'ers,

I said yes to a simple Estate return and have never completed one before. All the activity is holding of a lake property, sell of lake property at a loss, and distributions to 10 beneficiaries.

I may be brain dead this morning but for the life of me I can't find where to enter the distributions so they flow to the beneficiaries K-1's.

[OldJack]

Distributions of principle don't flow to beneficiaries on a 1041 Tax Return, only income or deductions. Income distributed is accounted for in order for the estate/trust to not have to pay income tax.

[Argo]

Ok, that makes perfect sense. The only thing that actually flows to the K-1 is the loss on the sale and the expenses.

A