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TenOC's avatar
TenOC
Nomad
Dec 01, 2015

Trust Tax Question 1041 - K-1 2015 - 2016 SOLVED

This question may not be appropriate, but since I RV full time I will ask my RV friends for help. If inappropriate please remove, and I am sorry. How to report distribution of trust paid made in ...
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TenOC's avatar
TenOC
Nomad
Dec 01, 2015
I found the answer. The 65 days only applies to income RECEIVED during the tax year. For example if I get a dividend on Dec 30th I would not have time to distribute this dividend to the beneficiary until the next tax year. I have 65 days to make the distribution.

Thanks All

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