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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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pianolady
Level 2
06-30-2020
02:02 PM
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Greetings to the Community,
Today I am working on a return for a deceased individual and his estate. Thought I would see what good advice there might be out there since I haven't done one in awhile. There isn't that much income but over $600 and what does the K-1 form mean when it asks for 'net' long term capital gain? Wouldn't that already be part of the calculation on the 1099?
Thank you, everyone, hope you are having a great day!
Dawn
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