Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Form 1041 (estate) there is a apital loss that needs to pass thru via K-1's.

j-beatty
Level 1
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Solution

Accepted Solutions
sjrcpa
Level 15

Why? Capital gains and losses are generally corpus and do not pass through unless it is a final return.


Ex-AllStar

View solution in original post

0 Cheers
4 Comments 4
sjrcpa
Level 15

Why? Capital gains and losses are generally corpus and do not pass through unless it is a final return.


Ex-AllStar
0 Cheers
Accountant-Man
Level 13

Only from the final return.

** I'm still a champion... of the world! Even without The Lounge.
0 Cheers
George4Tacks
Level 15
Even if it only an apital loss?

Here's wishing you many Happy Returns
0 Cheers
Accountant-Man
Level 13
C.
** I'm still a champion... of the world! Even without The Lounge.
0 Cheers