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Form 1041 (estate) there is a apital loss that needs to pass thru via K-1's.

j-beatty
Level 1
 
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sjrcpa
Level 15

Why? Capital gains and losses are generally corpus and do not pass through unless it is a final return.

The more I know, the more I don't know.

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4 Comments 4
sjrcpa
Level 15

Why? Capital gains and losses are generally corpus and do not pass through unless it is a final return.

The more I know, the more I don't know.
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Accountant-Man
Level 13

Only from the final return.

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George4Tacks
Level 15
Even if it only an apital loss?

Answers are easy. Questions are hard!
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Accountant-Man
Level 13
C.
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