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Level 3
March 9, 2021
Question

Form 1041 Schedule D Losses

  • March 9, 2021
  • 2 replies
  • 35 views

Help, Form 1041, Schedule D Losses, I can't find how to pass through these losses to the beneficiaries.  2020 is the final tax year for the estate in question.  Everything I have read allows for the losses to pass through at the final tax year.  I tried calling tech support yesterday and the young lady who tried to assist me had no solutions and I asked her to contact her supervisor to no avail.

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2 replies

Just-Lisa-Now-
Intuit Community Champion
March 9, 2021

scroll down the Sch D Part III and theres a place to assign to the trust or the beneficiaries...but marking the return final should do it for you, I thought.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
icountantAuthor
Level 3
March 9, 2021

Thanks Just-Lisa-Now- 

Thank you very much for your reply

Have a great day