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DPie
Level 1

Capital loss carryover from an estate trust

I filed my  2020 personal taxes online via TT in Feb of 2021.  I then had my mothers final taxes for her trust done by a CPA and when he was done there was a capital gains loss on the sale of her house.  SO, I then had him do an amended 2020 return on MY personal taxes and included the Schedule K-1.  Now for this year (2021) taxes I wanted to do them myself on TT but I have no idea how to go about including the carry-over.   Where do I put this?  I have the original amount of the carry-over as $34,000.  That was reduced by the $3,000 amount for 2020 so the new carry-over is $31,000 - correct??  But where do I put that? I do not have any capital gains to report this year to be able to use it.   Thank you for any info.   DPie

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Capital loss carryover from an estate trust

In the Investment Income section you should see Capital Loss Carryover. Enter the amount there.

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Capital loss carryover from an estate trust

In the Investment Income section you should see Capital Loss Carryover. Enter the amount there.

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