- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
All income net of expenses passes through to the beneficiary on the K1 unless the taxes are paid at the estate level.
The rental loss will reduce pass-through income to the beneficiary.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 24, 2023
7:49 AM