Taxprep for Trusts 2022.3.1

Options - Monitor

This panel allows you to select the cells to display by default in the monitor.

Content

Total income allocated

Displays the amount from line 47 of the T3 return.

Net income

Displays the amount from line 50 of the T3 return. 

Taxable income

Displays the amount from line 56 of the T3 return.

Total taxes payable

Displays the amount from line 84 of the T3 return.

Balance due or refund

Displays the amount from line 94 of the T3 return.

Excess AMT over regular tax

Displays the amount from line 49 of the federal Schedule 12.