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2 replies

sjrcpa
Level 15
February 26, 2021

And your question is?

The more I know the more I don’t know.
Level 2
February 28, 2021

My apologies. I was interrupted and failed to notice that I'd sent the incomplete question.

The information for that line in the 1041 indicates to "see instructions" if there is a loss. I couldn't find any specific instructions. I presume that any loss on a pass through of income to the beneficiary would be treated like any other loss.