Get your taxes done using TurboTax


@Kristina25 wrote:

Shouldn't the K1s sh ou w the loss? Where am I going wrong? 


In order to pass losses through to the beneficiaries, the return needs to be marked as "final".

 

Also, TurboTax can be somewhat fussy, so you need to allocate gains/losses to income (in the Investment Income section) and then make a distribution (even if there is a loss). You should then see the lines on your K-1s populate.

 

 

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