Thanks very much; helps clarify. And I did actually use the carryover calculation worksheet you referred me to when I did the trust's return a couple months ago...
How, if at all, do the various answers to this question (below) change in the case of a special needs trust which has a large exemption which reduces taxable in...
Assuming that "you" above refers to Slimbo's post, here's what I did:1) Used the carryover calculation worksheet for form 1040 to reproduce the example in the F...
With reference to Fairmark piece: Tried it using form 1040 carryover worksheet, and got the same result. Then tried it using form 1041 (estates and trusts) carr...
