bufeoallen
Level 2
02-26-2021
03:49 PM
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sjrcpa
Level 15
02-26-2021
04:25 PM
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And your question is?
Ex-AllStar
bufeoallen
Level 2
02-28-2021
12:32 PM
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My apologies. I was interrupted and failed to notice that I'd sent the incomplete question.
The information for that line in the 1041 indicates to "see instructions" if there is a loss. I couldn't find any specific instructions. I presume that any loss on a pass through of income to the beneficiary would be treated like any other loss.