An oddity in the tax booklet – take the figure from Table I (pag 12) and subtract the figure from Table II for that period, and that usually that gives the payment factor. Note the following table: The actual payment factor we received for Jan 17 was 2.6131 instead of 2.51493. The rest agree. I saw this when I was annualizing my income for the IRS. First time that I have seen this and I have been using the tax booklets for 21 years The xxxs are in the table so it will keep the format
xxxxxxxxxxx Table I xxxxTable II xxx Payment factor
jan 17xxxxx 5.99496xxx 3.48003xxx 2.51493
jan 18-apr16x6.46558xxx 3.82251xxx2.64307
apr17-jul16x 5.6097xxxx 3.29686xxx 2.31284
jul17-oct15x 4.36208xxx 2.54054 xxx 1.82154
totals xxxx 22.43232xx 13.13994 xxx 9.29238
I didn't spot any inconsistency when calculating and putting my data into Turbotax and not going back now to double check, however it would not be the first time there's been an error in the tax booklet tables.
Last year (or year before) there was an absolutely clear error in one of the tables in the MTR tax booklet. As I think you are saying it implied a different value for the distribution than actually was issued. In the end I reported the value in the tax booklet even though I knew it to be wrong. It worked in my favor and I figure you could hardly get in trouble by following the instructions precisely.
this discrepancy doesn't affect the calculations - just that the first distribution of CY2012 does not match the table figures. I am using the figures in the tax booklet also - but -I believe there is an error somewhere on the trustee's part