Trust 1041 and Net Operating Loss NOL

Using TurboTax Business to file a post death 1041 for a Trust created by a Parent decades ago. The grantor trust includes securities and a house. Last year there were losses from sale of securities, real estate taxes, attorney fees and administrative costs, all of which created a loss and some was reduce by a capital loss carryforward for the securities. However, there is still a substantial loss. The trust is not in its final year. Even if possible to spread the loss to the thru a K-1, trust issues would prevent passing the loss to the beneficiaries at this time.

 

Is the Trust’s “business” holding and maintaining securities and real estate to qualify as an entity qualified for the NOL? If the trust qualifies, what form does the trust use to show the NOL. If no special form, how noted on the 1041? Must it be carryforward or back? TurboTax did not generate any form or note any option or note any opportunity, pro or con. Been searching and reading IRS pubs, including 536, but confused.

 

Thanks for any help.