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I really only need help with Form 1041, Lines 24,28, Schedule B (1041),Line 8, Schedule G( 1041 Form)Lines 1a, 1d, 3 and 5. And Line

I really only need help with Form 1041, Lines 24,28, Schedule B (1041),Line 8, Schedule G( 1041 Form)Lines 1a, 1d, 3 and 5. And Line 14 E on schedule K-1. Please help!

Note: This problem is for the 2019 tax year. Prepare the 2019 fiduciary income tax return (Form 1041) for the Green Trust. In addition, determine the amount and character of the income and expense items that each beneficiary must report for the year, and prepare a Schedule K-1 for Marcus White. Omit the Form 8960 for the entity's NIIT; the trust is not subject to the AMT. The year's activities of the trust include the following.

Dividend income, all qualified U.S. stocks $10,000

Taxable interest income 50,000

Tax-exempt interest income 20,000

Net long-term capital gain, incurred 11/1 25,000

Fiduciary's fees 6,000

Under the terms of the trust instrument, cost recovery, net capital gains and losses, and fiduciary fees are allocable to corpus. The trustee is required to distribute $25,000 to Marcus every year. For the year, the trustee distributed $40,000 to Marcus and $40,000 to Marcus's sister, Ellen Hayes. No other distributions were made. In computing DNI, the trustee properly assigned all of the deductible fiduciary's fees to the taxable interest income. The trustee paid $4,000 in estimated taxes for the year on behalf of the trust. Any resulting refund is to be credited to the next tax year. The exempt income was not derived from private activity bonds. The trust was created on December 14, 1953. It is not subject to any recapture taxes, nor does it have any tax credits. None of its income was derived under a personal services contract. The trust has no economic interest in any foreign trust. Its Federal identification number is 11-1111122. The trustee, Wisconsin State National Bank, is located at 3100 East Wisconsin Avenue, Milwaukee, WI 53201. Marcus lives at 9880 East North Avenue, Shorewood, WI 53211. His Social Security number is 123-45-6788. Ellen lives at 6772 East Oklahoma Avenue, Milwaukee, WI 53204. Her Social Security number is 987-65-4321.

Required: Prepare the 2019 fiduciary income tax return (Form 1041) for the Green Trust. In addition, determine the amount and character of the income and expense items that each beneficiary must report for the year, and prepare a Schedule K-1 for Marcus White. If an amount box does not require an entry or the answer is zero, enter "0". Enter all amounts as positive numbers, unless otherwise instructed. If required, round final answers to the nearest dollar. Make realistic assumptions about any missing data. Note: You are not required to complete Schedule D or the Schedule D Tax Worksheet.

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