Corpus

[Jesse]

Annuity Trust

Schedule K-1 (Form 1041)
Other information Line 14: (H*) $1,200

On the Schedule K-1 Information for this box :

Description: Corpus Amount: $1,200 Beneficiary Filing Instructions: See Beneficiary Instructions for Schedule K-1 (Form 1041)


I'm not finding any information on this. What would this figure represent?

[travis bickle]

As I understand corpus funds,

the corpus amount is the amount of principal that is not spent/touched.

Instead, the amount of interest the corpus generates is disbursed to the intended recipient.

Somewhat similar to an endowment fund.

Have no idea if this helps, hope it does.