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Get your taxes done using TurboTax
@brownize wrote:....how I get past Schedule D Part IV having to enter $3000 to show the greater loss to put on 1041, line 4...
You do not have to be concerned with any carryover.
In fact, many tax programs will insert a -$3,000 (negative $3,000) on the 1041 which appears to be a carryover but it is actually not since the entire loss is being distributed to the beneficiaries on the final 1041.
‎April 5, 2023
1:18 PM