FormerTaxPro
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That works. Thanks!BTW, the IRS instructions are athttps://www.irs.gov/forms-pubs/reporting-excess-deductions-on-termination-of-an-estate-or-trust-on-forms-1040...
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Update: IRS Issued proposed regulations in May that now allow deducting excess deductions on termination of an estate or trust (Form 1041 Schedule K-1 Box 11 Co...
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Proposed Regs issued May 2020 now permit deduction as a write-in on Schedule 1, Part II, line 22. Great. Now has anybody figured a way to override the total on ...
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Same issue. LTCL on sale of home and excess deductions are not flowing through to beneficiaries' K-1's (Boxes 11c and 11a) as of 02/07/2020. It's still a bug, a...
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