Thanks again .... here's my big obstacle ....Turbo Tax Business (which handles the 1041) is not supported for Mac, which I use, so I am manually entering numbers on all the forms and therefore was hoping for specific info on what to put where. I've used TT for 15 yrs for my personal taxes, and again this year, but this is a one-time estate return that I just need help doing without software. So, while I do greatly appreciate your time and help, I keep asking the same questions again because I need help with the specifics entries 🙂 Can't wait to get this done!
Where do I put the "entire loss being distributed to the beneficiaries on the final 1041", and the sale price & selling costs?
Do I still put 3000 on Schedule D line 20? How does it translate to the other forms to show the higher actual loss amount?
I'm doing 1041, Schedule D for 1041, 8949, and K-1s
I've exhausted all avenues except paying $600 to a CPA so if there's anyway you can help, I'd be so grateful. Frustrating time for me. Thank you!
