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Maybe I am not using the term "Grantor" correctly. Are you considering my trust 1041 as a "Grantor Trust"?  Because I use this term to refer to my parent's trust that was finalized in 2020 and my trust as a "Beneficiary Trust".  Is this incorrect usage?

The K-1 that my trust, the beneficiary, received from my parent's 1041 in 2020 had $427 in box 11C. In 2020, Code 11C on a K-1 is for Short-Term Capital Loss Carryforwards. So I don't understand how "with a grantor trust there is no capital loss carryforward". 

Keep in mind I did not prepare my parent's final trust returns in 2020. They were prepared by a CPA that had been doing their taxes for many years. So I do not know what S-T capital loss transaction created the $427 or what other offsetting capital gains there might have been.