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Level 3
March 10, 2022
Question

K-1 Estate form

  • March 10, 2022
  • 1 reply
  • 7 views

K-1 for Beneficiary shows a loss on line 11. I have drawn a blank on what the NOL Carryforward explanation should be. 

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1 reply

dad751Author
Level 3
March 10, 2022

Please disregard the question. There is no NOL, it's what happens when you put a figure on the wrong line and notice it after looking at it 5 times trying to figure out what you did wrong. (DUMMY)