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Get your taxes done using TurboTax
Sorry for not giving sufficient information. The capital loss from investments is being carried forward properly. 3000 was utilized in 2022. There is a investment capital loss carry forward of 3337 from the 2022 filing and it is being carried forward. The estate had an operational loss of 9907 shown on line 23 of the initial year 1041 for 2022. Operational losses are not passed through to beneficiaries and must be carried forward until the final return is filed. I have this years return marked as final and the prior loss is not being accounted for. The loss is due to attorney fees and other operational costs.
‎February 12, 2024
6:32 PM