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I am entering a K-1 from a Trust to another Trust. How do you Input the final year capital loss carryover deduction (Line 11D)?

brettcarlile
Level 1
 
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sjrcpa
Level 15

Enter it as a capital loss carryover in the dispositions section.

I presume you are saying there is no place in the K-1 input section for it. Lacerte does a poor job with flow thru entities on flow thru returns so I imagine little sister PTO is worse.


Ex-AllStar

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sjrcpa
Level 15

Enter it as a capital loss carryover in the dispositions section.

I presume you are saying there is no place in the K-1 input section for it. Lacerte does a poor job with flow thru entities on flow thru returns so I imagine little sister PTO is worse.


Ex-AllStar