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Get your taxes done using TurboTax
@patyan2001 wrote:Why the short-term loss is not able to offset the long-term gain in the trust?
I think there is a math error here somewhere because the long-term and short-term gains in the trust would be exactly offset by the short-term loss in the trust; the net gain/loss for the trust would be zero.
The short-term gain in your account of $10,000 would not be offset by any loss in the trust.
‎August 12, 2019
11:48 PM