Special allocations (1041 MI)
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Hide expandable textMichigan supports special allocations on fiduciary returns. To use the special allocations, go to the MIGen screen and mark Use special allocations for beneficiary amounts. You can designate special allocations on the Beneficiaries tab.
If you use special allocation:
- Schedule 3, Page 3 of Form MI-1041 will be blank; however, the fiduciary adjustment amount will calculate and transferred to page 1.
- Schedule 2 will calculate and show the name and addresses of the beneficiaries.
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