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Capital loss carryover from an estate trust
I filed my 2020 personal taxes online via TT in Feb of 2021. I then had my mothers final taxes for her trust done by a CPA and when he was done there was a capital gains loss on the sale of her house. SO, I then had him do an amended 2020 return on MY personal taxes and included the Schedule K-1. Now for this year (2021) taxes I wanted to do them myself on TT but I have no idea how to go about including the carry-over. Where do I put this? I have the original amount of the carry-over as $34,000. That was reduced by the $3,000 amount for 2020 so the new carry-over is $31,000 - correct?? But where do I put that? I do not have any capital gains to report this year to be able to use it. Thank you for any info. DPie
‎February 17, 2022
3:43 PM