Thank you for the reply.I think the best option for us is to opt out of the PTE-C form. There is a Nonresident Member Composite Agreement form on the Iowa web s...
To answer my original question, there is no reason for the program to bring up the NOL declaration form suggestion after the error check. I'm not sure why this ...
Thank you for the clarification. So let me make sure I have this right:Say the Trust has $3800 in capital losses this year and $1300 in interest income. Then it...
Sorry, I have that backwards. I already have all income declared, so declaring less would not help the situation. The deductions for taxes etc. negate what inco...
You're right, it looks like the loss was limited. The Trust had a capital loss of about $3800 from a home sale and about $1300 in income from investments. I hav...