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If a trust distributes all income and has a capital loss, it is forced to lose $3000 of the loss. The k-1 for the beneficiary adds the $3000 as taxable . How do I fix?
lasleyma
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If a trust distributes all income and has a capital loss, it is forced to lose $3000 of the loss. The k-1 for the beneficiary adds the $3000 as taxable . How do I fix?
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TurboTax Online
March 22, 2020
12:57 PM
