You'll need to sign in or create an account to connect with an expert.
On the final K-1, net capital losses are passed through to the beneficiaries. The beneficiaries can use their share on their 1040s in the same form........to offset capital gains they might have and then to use up to $3000 to offset other types of income.
On the final K-1, net capital losses are passed through to the beneficiaries. The beneficiaries can use their share on their 1040s in the same form........to offset capital gains they might have and then to use up to $3000 to offset other types of income.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
chinyen28
New Member
vipergts_david
New Member
deepnutz
New Member
AliChalo
New Member
obeteta
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.