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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.
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