TLLau
Returning Member

Get your taxes done using TurboTax

tagteam,

 

I understand your reply that as a rule, passive losses remain within the trusts.

 

But you said that "If the trusts distribute the passive activity itself, the passive losses will follow." My question then is how do I get TurboTax to recognize that the passive rental activity should be distributed to the beneficiary? Is this possible in TurboTax Business?