lasleyma
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It does appear to carryforward the full amount
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The software forces you to take the $3000 of the loss at the trust level which reduces ordinary income in the trust. However, all income has been passed to the ...
Activity Feed for lasleyma
- Posted Re: 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? on Retirement tax questions. March 23, 2020 7:53 PM
- Posted Re: 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? on Retirement tax questions. March 22, 2020 8:24 PM
- Posted 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? on Retirement tax questions. March 22, 2020 12:57 PM
- Posted On TurboTax Business Trust return I get error on OK state OK561-F Wks that Fidno must be entered. These are not located in OK. What is the problem and How do I fix it? on Get your taxes done using TurboTax. February 20, 2020 10:55 AM
- Posted Is there some option in Turbotax to file multiple state returns? on State tax filing. June 4, 2019 5:20 PM