@Anonymous_ My questions is can the beneficiaries carryforward the losses they received from the estate to future years to offset capital gains, or do they lose those losses if they can't utilize them all in the year the beneficiaries received them? For example, a beneficiary receives ($93,000) of losses from the estate via the K-1 which lands on the individuals Sch D line 12. They have $5,000 of LTCG that reduces the loss to ($88,000). Are they able to carry forward the ($88,000) to future years where they have capital gains to offset it?
