Re: Assuming that the Form 1041 for the ESTATE is ...
Returning Member

Deductions & credits

My brother passed away and was renting his home.  After the tenant's lease expired, we sold the home.  The estate final tax return (1041) has a net operating loss carryover that is passed to the beneficiaries on line 11D of the k-1.   

The house sale obviously generated cash.  Therefore, I distributed the cash to the beneficiaries.  Where should the cash distribution go on the estate's tax return? Or does it, as there is a net operating loss carryover?  

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