ClydeA
New Member

Can long-term capital loss from a deceased person carry over to her trust?

My Mother died in 2013, and I used TurboTax Premier to prepare her 2013 tax return. After applying $3,000 of her long-term capital loss in 2013, she has over $60,000 carry-over remaining. I'm now using TurboTax Business to do the tax return for my Mother's Irrevocable Trust. Can any of her long-term capital loss carry-over be applied to her Trust?