Our trust distributions calculator for 2026 is now available for download. Key features include –
- Use it for both non-streaming and streaming distributions.
- View the marginal tax rates for all beneficiaries based on their non-trust income.
- See how much income is available at those marginal tax rates.
- Based on 2 and 3 above, enter distributions for tax purposes and the workbook converts those amounts to accounting distributions for the resolution.
- Once distributions for tax purposes have been determined and the corresponding accounting distributions calculated, you can complete the trustee resolution which is part of the file.
- And when it comes to preparing the trust tax return, you input actual accounting distributions to the worksheet, and the various components of those distributions for tax purposes will be calculated for each beneficiary and return form item.