On the final return of Irrevocable trust, does passive loss pass to beneficiary? Also, on which screen I can indicate it is a Irrevocable trust?

[sjrcpa · Accepted solution]

For tax purposes it is simple or complex.

[linfeib]

Complex

[sjrcpa]

I believe the loss passes out to the beneficiary on  afinal return. I don't think the Regs regarding passive losses and trusts ever got written.

[linfeib]

Thank you.  Do you know which screen in Lacert that can indicate the trust is Irrevocable trust?

[sjrcpa]

None. Your choice is simple or complex.