There will actually be multiple deposits (was trying to keep question simple). One deposit with 20211099 is a final fiduciary from the deceased original trust (utilizing the 65 day rule) covering the post death to distribution (expected in Feb 2022) timeframe. Other deposits (early 2022 deposits) are from Life insurance claims with added interest income post death date (not sure if they will produce 2021 or 2022 1099's yet).
If the deposited trust, with 1099 provided for 2021 includes a LT Cap Gain loss, can the trustee flow that loss to the beneficiary to utilize it?
