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Level 3
April 12, 2025
Solved

Form 1041 input 1099-OID

  • April 12, 2025
  • 1 reply
  • 15 views

Where do I input 1099-OID on Form 1041?  Need to input Acquisition Premium and Tax Exempt OID.

 

Also how do I handle a loss on Form 1041 on line 25?  Can it be carryforward?

Best answer by RobertB4444

Enter the 1099-OID as interest earned on the 1041.

 

Losses can be passed through to the beneficiaries or carried forward until the last year of the estate or trust.

 

@nosillo2 

1 reply

Level 15
April 24, 2025

Enter the 1099-OID as interest earned on the 1041.

 

Losses can be passed through to the beneficiaries or carried forward until the last year of the estate or trust.

 

@nosillo2 

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