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December 5, 2024
Question

Distribute Trust Capital Gain to Beneficiaries

  • December 5, 2024
  • 1 reply
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A complex trust, established in 2007, has substantial realized capital gains for the first time.  The TT default appears to be to assign those gains to the trust, even though there have been distributions during 2024.  How, specifically (what form and what lines on the form), can these gains be assigned as part of the beneficiary distributions?

1 reply

Employee
December 5, 2024
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