alyle99
Level 3

I am working on a final 1041 where the only income is C.D. interest which is about 2k.  The fees associated with the close of of the estate is about 18K so there are excess deductions on the K-1's.  Are the beneficiaries able to use those deductions on their own 1040's and if so what line would those be added to?

Thank you

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