@Steelydan989 wrote:
Reviewing the answers here again, I realize my question hasn't been answered.....
I am starting to realize that you are probably not using TurboTax Business but, perhaps, are trying to prepare the 1041 and K-1 manually (which is a terrible idea).
As stated earlier, a capital loss cannot be passed through to the beneficiary(ies) until such point when the trust is terminated and a final return is filed.
