Thank you for the response! As there is much more farm income in 2021 than deductions there will not be anything to carry over to the beneficiary on the K-1.
I'm trying to get 2020 to carry over into 2021 so I can reduce taxable income passed through to the beneficiary on the K-1. WRT itemized deductions that apply to Individuals: they can't deduct things like an estate can for example appraisal costs to determine estate value, travel to the estate by administrator, other not normally incurred expenses, etc, so that's why I'm asking the question.
If an estate is allowed to deduct an expense shouldn't any loss the expense generates be able to carry forward?
