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Get your taxes done using TurboTax
@rrtrust wrote:If adjusted to zero, the K-1s to beneficiaries show I am passing through a Line 11 Excess deduction and Long-term capital loss carryover, which make sense based on the circumstances and I understand.
It is not clear how you entered the distributions, but the treatment you described above appears to be correct in the instance of a final return.
March 6, 2020
8:09 AM