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Xero has become more user friendly and more robust, and still inexpensive. ------------------------------ Tu Dao CPA Dao CPA PC Houston TX (713)661-1501 ------------------------------

I believe there is one other option to distribute capital gains, and that is to distribute all of the exact proceeds from the sale of the capital asset.  Reg. Sec 1.643 discusses this option. And remember that a trust/estate has 65 days after the end ...

Agree with Kim and Josh.  I understand ARPA also clarified that payments that are not related to goods or services do not require 1099-K reporting. I believe some providers will ask that question and will try to not issue 1099-K for routing non-business ...