Navigator User Forums
  Transaction Entry
  Recording Required Distributions

Post New Topic  Post A Reply
profile | register | preferences | faq | search

UBBFriend: Email This Page to Someone! next newest topic | next oldest topic
Author Topic:   Recording Required Distributions
Nancy Ward
Member
posted 07-01-2003 02:28 PM     Click Here to See the Profile for Nancy Ward   Click Here to Email Nancy Ward     Edit/Delete Message
How does one record a required distribution from a unitrust to a beneficiary? For tax purposes, the value of the distribution to the recipient is its current market value, yet the system records the value of the distributed security by its cost basis.

IP: Logged

All times are PT (US)

next newest topic | next oldest topic

Administrative Options: Close Topic | Archive/Move | Delete Topic
Post New Topic  Post A Reply
Hop to:

Contact Us | Home

Copyright 2010 Financial Navigator, Inc.


Ultimate Bulletin Board 5.47e