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What do I do with a farm loss for line 6 on 1041 for a simple trust?

taxdoer
Level 3

Does a farm loss figure into distributions for a simple trust? Line 8 on K-1. 

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2 Comments 2
IRonMaN
Level 15

I don't do farms and I don't do trust returns with farms.  But I do know it is hard to distribute a negative number to a beneficiary.  Sounds like something that carries forward to next year.


Slava Ukraini!
sjrcpa
Level 15

Or gets lost.

Unless this is a final return.


The more I know the more I don’t know.