Beneficiary year-end distribution percent (1041 PA)
Onvio Tax calculates the Beneficiary’s year-end Distribution percent by dividing the total amount of income distributed by the amount distributed to the beneficiary. The percent does not take into account the total income, only the income distributed.
Example
If 40% of the total income is distributed equally between two beneficiaries (each beneficiary receiving 20% of the total), the Beneficiary’s year-end Distribution percent will be 50.
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