The date of death was inputted and a net capital loss appears on line 12700 of the deceased person's tax return as a negative however the amount does not carry forward to line 16. Therefore it is not included in the Total Income. Any idea on how to have the net capital loss applied to other income?
No. The maximum $3,000 ($1,500 for married filing separately) capital loss is allowed each year, including the year of death of a decedent. Any amount unused will be lost and cannot be carried to the estate or beneficiaries.