Page 2 adjustments (1041 MI)
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Hide expandable textFor resident trusts, the net of all Page 2 adjustments appears on Schedule 3. Schedule 3 breaks down amounts based on the percentages of distributions to each beneficiary.
For nonresident trusts, Onvio Tax calculates page 2 adjustments and displays them on the nonresident income worksheet, not on Form MI-1041. The nonresident income worksheet does not include interest and dividends. The nonresident income worksheet is not calculated if the Schedule of Apportionment MI-1040H is used.
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